just brainstorming
in response to
by
posted on
May 02, 2016 08:14PM
Combining Classic Mineral Exploration with State of the Art Technology
Speaking of the "next few years if we are still waiting", I have been thinking of the confidentiality agreement snag that seems to be one reason why there has been no deal. I do understand that it would be a process to get someone to sit down and talk, get a LOI, then try to get a deal. However, without any criticism meant for LBSR, does a five- or ten-year CA really do us any good? Realistically, I would think if there is no funding in THREE years, we wll up a generic creek (no referral to another mining company) if we don't have funding by then. SO...I think one potential funder did agree to a three-year CA. What if LBSR took at offer and then informed other potential investors that the CA term has been changed to three years? Would that not set up some competition and and some urgency to any entity interested to bargain in good faith? I'd love to hear opinions, even ones that explain why I am a jackass for throwing this out there.