RE:RE:UpdateHi vitreum3,
I am not sure how can you compare Chenxin with Russia? They are COMPLETELY different. Chengxin as an investor, it shows its interest in LITH and our Argetina project's value.
tiger
vitreum3 wrote: Look at Chengxin doing to Lith what Russia is doing to Ukraine, biting off small pieces multiple times until they have it all. They own 5% now, next will be 9.9% at a price higher than the current price. Once they have the results of the 3 wells, it will be time for a bigger bite, maybe taking them up to 20%. If they ever get to 20, it wuld be difficult for LITH to find another buyer beacuse nobody wants to deal with a 20% owner. LITH should find another large investor for strategic reasons as well as an avenue to higher share prices!