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Mason Resources Inc V.LLG

Alternate Symbol(s):  MGPHF

Mason Resources Inc. is a Canada-based company. The Company is focused on identifying, evaluating, and pursuing business investment opportunities. The Company holds shares in Black Swan Graphene Inc., which is focused on the large-scale production and commercialization of patented graphene products aimed at several industrial sectors, including concrete and polymers.


TSXV:LLG - Post by User

Comment by 1studenton Jan 23, 2024 3:58pm
84 Views
Post# 35841574

RE:RE:RE:RE:RE:RE:For Directvoice and StocksoutsX And Interested Others

RE:RE:RE:RE:RE:RE:For Directvoice and StocksoutsX And Interested OthersStockscoutX,

Mason Resources Inc didn't previously generate revenues.
What's more, you could have never expected Mason to be able to generate revenues from raising enough capital with which to expense $1.5 Billion toward developing a mine at Lac Gueret.

You make a good point though. There is an expectation that Mr. Fahad Al Tamimi and the other officers and directors of the company are now collectively going to burn through all the cash on hand. Possibly doing so by way of a consolidation of the remainder of Black Swan Graphene equity ownership into Mason Resources and that LLG.V would have to provide not only all the cash on hand to the table in order to do so.
We need to understand that Black Swan Graphene is ultimately Thomas Swan & Co's baby and that it would be Thomas Swan & Co stakeholders who would by far become the resulting controlling owners of the merged corporate entities. To a great extent Thomas Swan & Co's necessarily de-risking Intellectual Properties would trump all when seeking to merge Mason Resources and Black Swan Graphene.
You are correct StockscoutX.
NOU did get the better end of the deal; and yet 
Mr. Fahad Al Tamimi and the financial types over at Mason Resources know the old saying, beggars can't be chosers.


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