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Bearing Lithium Corp BLILF

Bearing Lithium Corp operates as an exploration and development company in North America. The company is focused on identifying, advancing, and de-risking lithium projects. Its project includes the Maricunga Lithium located northeast of Copiapo in the region of the Atacama in northern Chile.


OTCPK:BLILF - Post by User

Comment by neoscepticon Jan 21, 2022 1:50pm
73 Views
Post# 34343731

RE:RE:RE:RE:RE:Updated DFS for Maricunga Stage One lithium brine project

RE:RE:RE:RE:RE:Updated DFS for Maricunga Stage One lithium brine project
tiger2201 wrote: Hi neo,

We all agree that the risk for BRZ is very low, I believe they will be bought out in 3 months. 

BRZ is one of my main Li holdings, I believe I am the top 10 share holders now, LOL.

tiger



It woudl be a surprise (being bought). I think they will sign long term supply agreement with Mitsui within 3 month and using it as collateral will organize loan / equity financing within next 3 month. Q3 engineering will start and Q4 digging the ponds (or at least equipment selection/purchase).

Speculation: assuming 50% financing related dillution, $1 by year end.

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