Australia's largest stock trading and investment forum Australia's #1 stock forum

LPI

0.00%

56.5¢ lithium power international limited

Ann: Response to media speculation, page-82

First 82 Last

Share
Profile

Follow
VoiceOfGreed

9 Posts.

1

29/09/23

07:16

Post #: 70087115
Share

Originally posted by thecrabpest: ↑

Do you agree with all of my points? Or just the points in that post?

For me, this post / perspecitve is key
A 50% take over doesn't make sense because LPI will not add any value.

LPI do not have any experience taking lithium brine operations to production, whereas SQM do. I think SMQ and Codelco will form a deep partnership, and Codelco, by hook or by crook, will own 70% - 100% of the Maricunga.

Given that perspective, I think a 100% acquisition will make sense.

What do I attribute the value to be?

629,237,560 shares on issue

I would say first offer of about $0.60c USD / $0.90c AUD for around $565m AUD.

That will get rejected, no other suitors for the reasons stated in the above post.

Then I would say second and final offer of about $0.75c USD / $1.15c AUD for around $740m AUD.

There is still another ~$700m USD to be put into the project.

It might be higher, but I think $230m AUD may be enough to sway the largest holder.

Here's the cash, go enjoy.

The board and management would take it, they couldn't have sold when the share price hit highs previously, but I dare say they would have if they could.

Am I right or wrong? I don't know, but this is my perspective.

Expand

It was funny to read the "Response to Media Speculation" announcement. Basically, they said that media speculation is actually not that groundless and we denyingly confirm them....

LPI Price at posting: 35.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

The winners & losers on market if negative gearing were gone

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

There are more pages in this discussion • 154 more messages in this thread...

First 82 Last

Add LPI (ASX) to my watchlist

Ann: Response to media speculation, page-82

Top Stories

The winners & losers on market if negative gearing were gone

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

ACCC seeks Olam divestments before it can buy Namoi Cotton

KalGold rolls out detailed aeromagnetic survey across Pinjin project

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Featured News