Bullboard - Stock Discussion Forum Foremost Clean Energy Ltd C.FAT

Alternate Symbol(s): FMST

Metals & Mining Industrial Metals & Minerals

Foremost Clean Energy Ltd, formerly Foremost Lithium Resource & Technology Ltd., is a uranium and lithium exploration company with interests in 10 prospective properties spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin. The Company also maintains a secondary portfolio of lithium projects at different stages of development spanning over 50,000 acres across Manitoba and... see more

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Foremost Clean Energy Ltd > RE:A Potential Next Move, Rockcliff Metals & Foremost Merge?

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Post by javaman12 on Mar 26, 2023 12:00am

RE:A Potential Next Move, Rockcliff Metals & Foremost Merge?

I forgot to add that when I suggested that Rockcliff might go ahead with their maximum proposed share price roll back for up to 10 for one, it was because that by the time that such a merger might be announced, then Foremost Lithium will likely be already trading at 30 cents per share, while Rockcliff shares, still remain painfully cheap, at 3 cents each!

A 10 for 1 roll back in Rockcliff shares at that time would price them at 30 cents each too! Evenly split, each company's shareholders get the same equivalent amount of shares as they had before!

                                                         What's not to like?

                     I am not a genius like Foremost managers, but I know how to think!

                                   I do hope that Rockcliff managers are equally blessed!

                                                          All the best! Java

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