OTCPK:BLILF - Post by User
Comment by
SmilingDogon Dec 02, 2020 9:23am
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Post# 32016897
RE:Private Placement
RE:Private PlacementAgree. The most important point though is that even with this dilution the stock will still be trading at well under 10% of its share of the Maricunga NPV, which is just insane, given the project is months if not weeks away from THE major catalysts required to send it into construction. LPI management has been very vocal/confident recently about closing the JV with Codelco in the coming weeks, which will be closely followed by off-take agreements and project-level financing. In my mind this is an easy near-term multi-bagger.