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Re: blue4 post# 139550

Thursday, 04/17/2014 11:45:56 AM

Thursday, April 17, 2014 11:45:56 AM

Post# of 173201
Thanks for the view points. I guess my comment is relevant in the scenario that some entity did, in fact, make some offer and JB and team rejected it, feeling that it was too low. I just can't help feeling that JB chose that word "knowledgeable" for a reason that was reacting to something that had happened in discussions.

I know nothing of mining agreements but did anyone ever hear anything like this: what if LBSR agreed to a lowball deal like say 30/70 to get someone in. But because the company is confident that it has billions in minerals, that 30% is only to a certain profit margin for the partner and then LBSR's take goes up to 40 or 50%? It would reduce the risk of the potential partner and assure LBSR gets a bigger slice of the bigger pie should it really prove to be a humongous money maker. Just brainstorming.
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