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2/15/18

Lithium X (LIX.v): The cheque's in the post

Hey, what could possibly go wrong? We all know that Chinese businesspeople are totally trustworthy, never mess others around, never try to squirm out of deals or get discounts at the last minute, right? This from LIX today:

"...NextView has advised the Company that it is seeking alternative funding from a commercial lender in order to obtain the required funds on the most competitive terms available and that the proposed facility with the commercial lender is currently anticipated to be established and funded shortly but has been delayed by, and until after, the Chinese New Year holiday."

It's totally understandable. After all, nobody in China knew there was a New Year's holiday coming up.