Skar
Regular
Dare we dream again?
Whether your dream is a fifty foot Cadillac, an overseas holiday, paying off the mortgage or something completely off the wall (mine is a beach house so close to the water that the waves drown out the 6 o'clock news and my plastic coffee mug rusts out in a week)...don't stop dreaming.
It's getting closer each day...it's almost imminent.
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Cheers
F
I am not ready to start dreaming just yet. There is part of me that believes the names being thrown around will pay fair value, factoring in a premium for DRC saving face (by waiving legal disputes/damages and fostering a positive outlook on Africa Investments), the future earning potential as we enter the upswing of the lithium cycle (~3-5 years to build a mine and ramp up production will place this likely right at peak cycle to sell material), the future exploration value (we haven't drilled out much of the resource because its at surface and many many decades of supply), the sheer size of project and its strategic importance breaking China deathgrip (locally in africa and global supply chain).... you start adding up all these factors, I just feel any low ball offer, we gotta keep going with courts and debt fund the project as much as possible over giving up equity for a sliver of potential value.
I have held out this long, lets roll the dice.