RE:RE:RE:RE:RE:RE:RE:WE SHOULD NOT WORRY WHAT BASHERS SAY....THIS IS A BIG WINNER Obviously you didn't read all the disclaimers in the news regarding the "spin-out" highly unlikely,
The spin-out is equally likely as it is unlikely. As the article which you referenced below indicates, a spin-out:
would be subject to several conditions that include board approval, satisfying the Canadian Securities Exchange listing requirements, the assessment of legal and tax ramifications, determining final details of the transaction, receipt of all regulatory approvals, any required shareholder approval, the availability of financing for the new subsidiary, and market conditions. The company will provide further details if and when available in accordance with the policies of the CSE. Cr00ks604 wrote: Why would a company ( CYP) want to process another companies lithium clays? What does it do for CYP shareholders? they want CYP to be making money & sell CYP lithium. Not fiddling around with another companies lithium clays.
The sinp-out news says nothing about spinning out the project to have another company process the lithium clays. AGREED Only company setting up a lithium clay processer is CYP.
https://www.spearmintresources.ca/2021/01/spearmint-considers-spinning-out-the-lithium-projects-for-the-benefit-of-the-shareholders/