Ann: Albemarle increases relevant interest in Liontown shares, page-413

OK guys, lets just hose this TO down.
I'll give it the KISS principle so everybody understands.
(KISS: Keep it Simple Stupid)
If TG sells he's up for about $500m CGT.
ALB can buy 5% before compulsorily having to state they are substantial holders.
ALB can buy 19.99% before having to bid for the whole company.
Going hostile is unusual these days, expensive and messy given that TG owns 15%.
ALB cannot compulsory purchase until they have 90.00001%
A Scheme of Arrangement requires:
Board approval.
Shareholder approval.
And:
Outside valuation.
Followed by:
Court Approval.
By the time we/they get that far LTR will be in production and worth, Hmm, a very big number.

Let the Blood and Feathers fly.
....love the smell of money in the morning. (better than napalm)...

Cheers XanaX