If I were the head of an investment fund or a mining giant, I would surely be looking at a takeover opportunity of this company.
Couple of very high level items that I would be considering -
- Favorable Lithium price
- Low cost production
- Profitable
- Expanding
- Support from one of the market leader (Toyota)
- Way undervalued share price.
Offering 30% premium at this stage would take the share price to $6.50 only which is within the price target of all the analysts.
Only issue is that - I don't hold the position to make this offer![]()
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