LithiumDemand
$CHXMF this stock is so undervalued in my opinion. They have derisked it significantly already. They’ll be announcing financing and 30 to 45 days and there’s a good chance that there’s gonna be a lot less equity dilution than expected. In addition, they have along my life and significant opportunities for expansion and they should capture high gold prices in this bull market. They have a Construction savvy team and look like they want to construct and operate themselves, which would be extremely advantageous to shareholders. Because the free cash flow in the buyback are gonna be Hella awesome.
Management has approximately 7 million shares in 22 million RSU. It would be there interest to operate this and turn it into a buyback machine.
Since Quebec owns 10% of the company, I would say that there’s invested interest in the provincial permit getting signed, and also have a good relationship with Canada and this increases chance of federal permit. Also previously and operating mine
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