Re: News to start the New Year?
in response to
by
posted on
Jan 05, 2024 02:30PM
Combining Classic Mineral Exploration with State of the Art Technology
My guess, in regard to minority shareholders, is that PO is more interested in our investment than BG was, but not as much as JB. I do not see him being interested in owning a mining company - if riches are discovered at Hay Mountain, I see him selling LBSR and moving on.
I see all future fortunes being determined by how wealthy PO wants to be. Without considering how much he is currently worth, if he will be satisfied with another $10M, then he will be willing to sell the company for $20M, and the rest of us will split the other $10M. If he wants another $50M, then we get $50M to split.
FWIW