Bearing Lithium Corp V.BRZ

RE:Finally

[SmilingDog]

Some additional thoughts:

They are not abandoning the original plan with Codelco - that's still on the table. However, now we have an alternative approach that is already in the works. On top of that, you have to know that management would not have gone along with this plan if they didn't feel really really good about project financing and off-take ex. Codelco. IDK when the announcement(s) comes, but they would have ventured down this alternative path if their financing/off-take partners were not on board - it'd just be to risky. 

So lets summarize. Before this announcement, we were solely waiting on Codelco. After this announcement, WE HAVE OPTIONS. This project is finally moving. From a fundamental perspective, this is a big positive IMO. On top of all of that, BRZ is way undervalued, essentially a shell company. Hopefully now we get valued as a company with a project that is actually moving forward. 

Also, I don't think this signifies that Codelco is any less likely. I think management just wants options PLUS this no doubt puts additional pressure on Codelco to act - it says: "hey, I know you thought we needed you, but we don't" - very smart tactic.