I think AKE's resource (hard rock AND brine) and global distribution is perfectly positioned for a transition away from hard rock if that should EVER happen.
AKE does not need Livent's helping hand in the form of a reverse take over for that.
AKE already has resource diversification!!!!
But honestly, hard rock will be a critical source of lithium chemical for a long time.
Why?
Because of the much longer lead time, higher Capex and complexities of individual salars to develop a lithium brine resource into a producer when compared to hard rock?
How many brine resources versus hard rock mines became producers in the last 5 years?
Produciton forecast by type and country:
Spodumene is going to stay with us for a little while longer!!!!
F@#$ the merger!
SAY NO to a reverse take over by a US company under the leadership of an ex-merchant banker (Goldman Sach Group, Honkong, Resource Investment Asia-Pacific).
Some may have forgotten what GS was involved in (and convicted for) in Malaysia in 2012/2013, and what their involvement in the lithium bear market was a little after that!
- Forums
- ASX - By Stock
- AKE
- Merger: Yes or No
Merger: Yes or No, page-222
-
-
- There are more pages in this discussion • 844 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online