I remember Sam Ekins our Managing Director saying at the Diggers & Dealers conference that he would consider a TO if it was a Liontown type offer ($6.6B). He was also quoted saying he wants this company to be a King maker. Always hard to read between the lines but I’m confident these guys are not going to ever go cheap. They’re gonna ride this thing to production or need a bar raising TO offer presented. I’m happy with $6.6B and I’m also happy to sit back until the resource is re-rated as a lithium producer (That’s $12B every 100mT at todays estimation).
If I was MinRes …, page-27
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