I would happily accept $7 or $8 a share from RIO.
Whilst this is half of the peak, it's a significant premium to todays prices.
I would then reinvest those funds into a much better run Lithium producer such as PLS or LTR - companies with management that can actually execute a plan and expand their production.
The only way Altium can expand their production via their own assets is if another company's good management (such as RIO) can do it for them!!.
Paul Graves can then go back to pushing papers around on a desk in the banking industry which is probably where he belongs...............
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- Bid speculation about Arcadium in The Australian, see link
Bid speculation about Arcadium in The Australian, see link, page-23
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