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Re: 2muchmoney post# 127677

Wednesday, 07/24/2013 5:23:55 PM

Wednesday, July 24, 2013 5:23:55 PM

Post# of 173212
I would be doubtful of any long past funds tucked anywhere, however long past connections are sure to know about HM. Newco is probably how this will go once it is determined economic grade exists. Everything suggests to me that funding is in place for scout drilling. I would like to see enough money to see them test a wider array and some deeper cores. Anything that can sweeten the deal in the end

I would bet LBSR retains 15-30% project equity in something potentially worth 10s of billions, however being the little fish I can see buyout offers well in advance of project maturity. Would shareholders settle for .30 or .50?????

But first things first. Get the ZTEM results and finalize drill locations... I am still betting this is mid to late August and swiftly followed up by funding and drill planning announcements... Then get excellent core readings...

I don't think the AK situation matters at all unless LBSR gets a cash buyout to fund HM and I just think JB probably wants to retain some BCSP equity for his legacy.....



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