Post by
MrInvest on Jul 17, 2024 1:31pm
All in Favor
Well looks like shareholders voted to approve all items at the AGM. What we are doing now is saying the current status of Management is acceptable and will provide the means to bring the company forward. If this was the case a "Damage Control" presentation would not be required 2 weeks after a major news release.
Tina was just given 300,000 shares which is not too bad considering. Shareholders better get ready for significant amount of equity being given out at these low stock prices and future vesting and cash out in 3-5 years. I guess the one positive thing is that internals will be motivated to move things along. But at the cost of shareholder value not geterated cashflow.
Who knows what the future brings here with E3. Still got my fingers crossed but it looks like micromanaging Chris is here to stay.
Comment by
diamondlessnono on Jul 17, 2024 1:50pm
Sorry. but your fingers will be cross for a long time. GLTO
Comment by
MrInvest on Jul 17, 2024 2:12pm
Might be for sure. It will be 2028 AT BEST before anything is built. I suspect it will be 2030.
Comment by
Greatvac1 on Jul 17, 2024 9:08pm
The most recent Corporate presentation says late 2027 but you're probably right
Comment by
TheWokeLemming on Jul 18, 2024 10:11am
Theres no rush while lithium prices remain low. It's not like E3 is bleeding money.