Bearing Lithium Corp fka BRGRF

[Dr_Vonschellan]

Oh ye doubters of little_faith...LPI_back_to_drawing_board. New_amended_PEA
LPI has this morning published a revised PEA. This "refurbished-PEA" is still basically a sand-bagging piece of claptrap nearly useless for/to us eternal Legacy LIEG truthseekers in search of the perfect "happy ending" (if you know whatta' I mean my amigos).
http://www.asx.com.au/asxpdf/20180105/pdf/43qn7k240tjynr.pdf
but there is an interesting new CYA paragraph now inserted on page 5 which reads:
To achieve the range of outcomes indicated in the Scoping Study, funding of in the order of US $250 million will likely be required for LPI’s 50% of the project. Investors should note that there is no certainty that LPI will be able to raise that amount of funding when needed. It is also possible that such funding may only be available on terms that may be dilutive to or otherwise affect the value of LPI’s existing shares. It is also possible that LPI could pursue other ‘value realisation’ strategies such as a sale, partial sale or joint venture of the project. If it does, this could materially reduce LPI’s proportionate ownership of the project. Given the uncertainties involved, investors should not make any investment decisions based solely on the results of the PEA.

After absorbing the well-crafted well-couched import of this new paragraph on page 5 of the amended PEA you might want to refresh your memory on the unofficial from-the-peanut-gallery proposed Scenarios #1A through #3 one more time just for funzies:
Scenario #1A http://investorshub.advfn.com/boards/read_msg.aspx?message_id=136419849
Scenario #2 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136858582
Scenario #3 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136995645

If I am reading the tea leaves correctly, I do believe we are now 2 steps closer on the exciting 10-step program to salvation of seeing our precious Maricunga Baby Boy taking a huge Fulin-esque jump or a even-larger ElonMuskin-esque jump before the end of this month if Codelco announces the winner of their beauty pageant on January 18-ish. Conveniently, LPI has now "properly" dotted all the i(s) and crossed all the t(s) by advising their investors of all the possible upcoming outcomes/upheavals... ala by using the time-proven and samurai-honorable tactic of issuing a nicely ripened red "pre" El Caliente CYA-ita... on page 5.

The Doctor

PS, Oooo this is all getting so cobalt-esque exciting. I just hope we can get the Chinese Heavenly Palace to crash land down on us next so we can wake Jeremy up from his hibernation up in Vancouver and finally get some decent PR/updates. Man, those dopey Canadians are really stingy on the updates, geesh.