Nice succinct post tunnes
She’s apparently used to playing the market to her advantage and not to ours (atlas iron like MO). One would wonder whether the pictures last week are a sales flyer. We’ve done it before in the USA when O, G and C (Ottaviano, Goyder and caruthers) posed at the US dept of energy as they attended an international conference in Miami and what we caught was nemo, ALB, the fake big fish.
Was the Board out and about fishing again
from the afr today (bold are my highlight)
“
Billionaire Gina Rinehart is set to hand out millions of dollars in prizes to workers across her business empire as part of celebrations to mark her 70th birthday on Friday.
Liontown Resources shareholders could be forgiven for wondering if they too will be thrown a bone.
This weekend marks exactly four months since Mrs Rinehart’s Hancock Prospecting was buying Liontown shares on-market at as much as $3 apiece as part of what amounted to a $2 billion-plus foray into lithium in 2023.
Under the minimum bid provision of the Corporations Act, Hancock must wait four months if it wants to make a takeover bid below the $3 price paid in October
It is understood Hancock has been in regular contact with Liontown seeking project updates and lithium market insights.
Hancock chief executive Garry Korte attended a lithium crisis meeting in Perth on January 24 that included Liontown boss Tony Ottaviano and Azure Minerals chairman Brian Thomas.”
fireworks ahead
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