OTCPK:BLILF - Post by User
Comment by
neoscepticon Jan 21, 2022 1:50pm
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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 projecttiger2201 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.