Desert Lion Energy Inc - Ordinary Shares DSLEF

RE:Question?

[Red_Deer]

Dtraders1 wrote: Why would DLI need that cash from the chinese deal when they have 7 124 850$ cash based on last March 31,2018 condensed interim consolidated financial statements.  They will receive another more or less 3.8 millions dollars for the next shipment due this month.  It will cost them 7 millions dollars for the floatation plant so they don't need the money?  By the looks of the shareprice it's like the market anticipated the chinese will not invest but it's only an investment, DLI can manage by itself?  Wasn't why they plan all this in 3 phases? Looks like a way to get more shares at lows price with all this fear because of the price pressure.

The overall Lithium market was down this year and yes it didn't help, you don't fight the market but take avantage of each situation.  

Cheers

DTraders__once again you seem to be forgetting that this is just another Forbes & Manhattan play__which means EXCESSIVE Management/Insiders Compensation, Bonuses, Options, etc.

Cash just seems to do very unusual things in the F & M world__so whether DLI has enough remains to be seen eh?

For example the CEO pulled out $250 K Base Salary PLUS another 250 K BONUS__as reported in the Information Circular for the AGM @ the end of the month__so do YOU think that this kind of
payout is warranted for a Spec penny ponny Start Up eh?