Share
6,085 Posts.
lightbulb Created with Sketch. 1980
clock Created with Sketch. 13/08/24
19:41
Share
Originally posted by anatol
↑
I don't think IGO can get the control of Greenbushes after buying 49% of ALB stake. I'm not sure though. That'd be a quite complex corporate situation. Tianqi and IGO has a JV Called TEAL and Tianqi holds the control in that JV according to its agreement or constitution. After buying ALB's stake IGO wouldn't be able to change the structure of the TEAL JV I guess.
Expand
Why is this poster now ramping the possibility of an ALB takeover now when he has previously dismissed the idea because of Gina's holding? Maybe desperately trying to stop the SP crash? Priced to fail and likely a long way from floor as Li prices keep falling. Dumb idea bringing a new mine located in a high cost jurisdiction during a Li price slump. imo
(20min delay)