RE:FinancingI think Chris was making his comments re:financing with a successful pilot plant and DLE tech in mind which will push the sp into 'fair valuation' levels of $10-15 or possibly higher this year. That will put E3 into an extremely strong negotiating positioin and opens up a number of financing possibilities:
1. One or more of the potential clients currently under NDA decides to front the capital in exchange for a secure lithium supply. We know of several OEM's, that require supply security for their batteries
2. A take-out by a major. If this occurs IMO it would likely cause a bidding war and final price goes multiples higher, so yes UNKAL I definitely see possibility of $25+ in this scenerio
3. E3 decides to maintain control, include an uplist to NYSE, and does a combination of financing and off-take agreement(s) which would allow them to grow organically and the sp progresses from the near term $10-15 level to multiples higher over time with E3 performance subject to the usual financial metrics. These metrics should yield a high rate of growth for the forseeable future.
4. Other scenerios that I haven't mentioned
ALL scenerios will result in excellent returns for shareholders. All IMO. DYODD