We need Borborema Gold mine to be running ASAP and stop talking, need less words and more work ,
CAS failed to attract investors even they have really attractive projects. Regardless company is senior or Junior, there shouldn't be any excuse you should have better planning ahead, They need to develop better marketing strategy to attract investors,
CAS risk will increase if they sells Lithium project,
Currently CAS is diversified by different industries which are GOLD, IRON ORE and LITHIUM,
By selling LITHIUM CAS will depend more on Gold Industry, which will increase the risk and become less diversified.
LITHIUM is the Future.
I would suggest Selling lithium mine license will be a bad idea,
Lithium demand will more likely to increase as the demand of electric cars, lithium batteries , mobile phones, solar panels, medicine will increase.
Afterall Most important thing is that All projects needs to be profitable, less costly and more efficient. I really Cannot understand what took them months to resolve the fund raising issues. It's definitely very slow and not efficient. CAS management needs to be extra fast and hardworking if they don't want ruin to this opportunity.