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clock Created with Sketch. 18/01/24
20:07
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Originally posted by mmoore1957:
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Both GR and ALB were prepared to pay a price of A$3 for LTR when the SC6 market looked considerably more rosy than it is now. ALB has gone at A$1.25 and GR does not have the Li expertise to pursue a 100% acquisition of LTR. A potential acquisitor in this tough market would require two principal features.
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PLS went alone from explorer to miner (no acquisitors) in a tough price environment (actually their neighbours had to close). They did mistakes and learnt a lot through the way. Any fact from your side indicating that LTR won't be able to walk through the same way? Probably they will make less mistakes, as anyone smart enough would learn from others' mistakes.
(20min delay)