Post by
Wangotango67 on Feb 26, 2020 12:20pm
THIS STATEMENT
Should not have been placed where it was in press.
It should have been placed at end of PRESS...as not to, confuse.
After reading it several more time...
This statement below...is addressing what Portofino's terms are with,
Both Hombre projects...( what a bad place to insert in press )
Again...should have been placed at end of press,
So not to confuse readers....piss poor way of writing the press.
The HMW Agreement gives Portofino the rights to earn a 100% interest in the Del Condor and Pucara lithium brine projects. Galan has a three-month exclusivity period (with an option to extend for another three months) with Portofino. Galan is listed on the Australian Stock Exchange (ASX: GLN)
AND...3 MONTHS EXCLUSIVITY PERIOD WITH AN OPTION TO,
EXTEND ANOTHER 3 MONTHS...?
SUCH H/S....
THE ENTIRE DEAL....STINKS...
FIGURES...TAFFEL WOULD PUL SOMETHING LIKE THIS, RIGHT WHEN ANOTHER
PROVES BIG LITHIUM IS....PRESENT ON WEST HOMBRE.
SCRAP THE DEAL.
TAFFEL = STEP DOWN.
JV - WITH GALEN....OR...SINCE THE CARRY COSTS OF SALARS ARE CHEAP...
HANG ONTO THEM...SEEK ANOTHER OFFER....FAR HIGHER.
HOW HARD WOULD IT BE TO ATTRACT INTEREST NOW THAT 900/PPM IS KNOWN ?
HELLO...!
IT WOULD ATTRACT INTEREST.
AND...ALSO AT SAME TIME...FORCE GALEN TO COUGH UP MORE $$$...
OR....HMMMMM....the large entity - nearby.
After all....
The west Hombre basin has two xit ports...
That bypass the FMC operation.
All that lithium they're missing out on.