Wednesday, March 29, 2017 11:13:31 AM
You are aware of the number of OS in Cougar, even before this capital raise, yes?
No, since I have no plans to buy Cougar shares. They have experience in drilling and completing a program in saprolitic rock, and that is good enough for me.
Yes and no. Like most business deals, it depends on how many "pounds of flesh" they want to take and/or you are willing to give.
This was the best deal at that particular point in time.
DNI's CEO is already looking ahead and has a couple of other graphite properties that meet his strict criteria with purchase in mind.
In fact, his vision for the company goes beyond simply mining graphite, so I think that eventually more established entities will enter into JV/partnerships with DNI.
This game is still in the early innings - good luck to you!
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