You raised a very good point. In comparison, A40 has managed to...

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Haplo

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16/01/19

11:05

Post #: 37129461
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Originally posted by kropka ↑

I l0ok at this the other way. Back in 2016, PLS could not go into off takes the "easy way" because of ROFR. At the end, it cost 100 M shares to MIN.

We escaped ROFR without punishment, secured no payment for our INTEREST FREE loan for couple years, still having buyer for our product and can start negotiations with other parties without ROFR.

Imaging how long it would take if we would need to go to Burwill with every new offer.
I prefer A40 to look for new buyer without any ROFR attached and perhaps this is what Mark wanted and was hoping for.
Should we get a lower price, it is the overall situation on the lithium market not A40 fault.

If anyone invest in mining and expecting new mine to go smooth without problems in the first year - good luck.

We are only over 2 years since entering lithium sector with 8 months wasted on merger.
Not perfect but IMO great for good potential in 2020.

PLS had it time as well, going down from over $0.80 to $0.32 before having nice run after off take agreements.

Selling or holding is a matter whether or not each have faith in MC and team like I had and have in Ken running PLS.

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You raised a very good point. In comparison, A40 has managed to escape the ROFR clause without any penalty other than linking the price to the carbonate mechanism.

I like yesterdays announcement even more now. Each to their own though.

Haplo

A40 Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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You raised a very good point. In comparison, A40 has managed to...

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