Okay, okay....with all due respect...
The contractual obligations are from James A Briscoe's OWN investment associates which he SOLD to LBSR as a company. Come on now, what James Briscoe did on this one not only did LBSR a major favor as a company, it is giving us more to look forward to in the SRK results. Do your DD in depth before posting things that you say will get you GRIEF/Beating.
The JV you say we are all imagining...maybe it is YOU imagining it. It is Me and many other's here seeing IT UNFOLD before our very eyes.
What in the wording don't you get ? The JV doesn't have to be INKED for up to 6 years after the 10 million is spent. The "PROPOSAL" for the JV earn-in is RIGHT ON TARGET and is being conducted just EXACTLY as the proposal is written.
Correct me if ANY of the "FACTS" that I have just stated are not correct.
I am not trying to lambaste you here, but I would like you to check the information which you "TRY" to put forward as fact, when in fact it is only "INCORRECT" rhetoric.
A couple of final comments:
J = James
A = A
B = Briscoe
A = Associates
INC. Thus James A. Briscoe and Associates sold us the rights to DEVELOP the Tombstone/Walnut Creek properties. Money is shifted around when things are TIGHT.
Now again as to what you call a gentlemans agreement. A "PROPOSAL" of this sort which is being followed nearly to the crossed t and the dotted i" isn't a gentlemans agreement. It is a legal binding "PROPOSAL" which I am sure sits in some LEGAL office and is being monitored to see that NAK/HDI continues to add investment money just as discussed.
REBUTTAL ?
S4