AKE 0.00% $9.83 allkem limited

Orocobre operations and fundamentals, page-16

  1. 20,020 Posts.
    lightbulb Created with Sketch. 870
    It would be nice to acquire a brine project in Chile to reduce the geographical and sovereign risk, but I understand the tax and royalty regime is much higher there.

    I don't think a hard rock operation would be very viable unless it's large and therefore probably out of the price range. The offer from Wesfarmers for Kidman is valued at $776 million AUD.

    They could buy out the rest of AAL (Advantage) while they're cheap. Their market cap is $61 million CAD (I have no idea what their debt levels are).

    Failing that, share buy-backs, while ORE is cheap? That would screw the shorters!

    That's all I have. smile.png
 
watchlist Created with Sketch. Add AKE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.