Ann: Albemarle indicative proposal - due diligence to commence, page-206

I hope they don't intend doing a DLI scenario here, where means significant BOD changes down the track. It will be interesting whether MIN has also been building a stake here.

I am actually a bit more cautious.

My gut feel is that Gina we work with Albermale in a way that develops LTR further through accessing Albermale's capacity at Kemerton - potnetial capacity sitting there from Albermale's proposed expansions. Gina doesn't have lithium experience so will be relying on Albermale or MIN (if they get involved) expertise to get her traction into the lithium market (and the associated experience). Either way, this probably means that LTR will remain listed on the ASX, unless of course Gina decides to do a counter bid, takeover LTR and then enter an agreement of some sorts with either Albermale or MIN. So will be a new look LTR is my point from here, if it remains listed. These billionaires are thinking about their own pockets is my point.

Suplhate
I know there has been discussion around sulphate - the capex cost of sulphate is around 75% of the previous estimates of capex for downstream operations, whilst the price received is about 50% of the lithium hydroxide monohydrate price. I always thought LTR would enter a JV with a hydroxide producer so that it still gets some of the benefits of hydroxide, were it to export only sulphate and it remaining a standalone entity with no Gina/Albermale involvement in its opetrations. That probably doesn't matter now if LTR can access Albermale's hydroxide facilities, in the event LTR remains listed on the ASX, and a new strategy from this takeover or power play occurs.

My posts on why sulphate are here - refer point 3 in this post and the embedded posts there in in that section. There are 5 reasons why you might decide to produce sulphate - Post #:69727109

All IMO