Ann: RIO: Rio Tinto confirms approach to Arcadium Lithium, page-330

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dgb99.94

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09/10/24

14:57

Post #: 76046517
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Originally posted by SeeTheWorld ↑

The only reason the price of lithium is so low is that it has been artificially manipulated by some who have been subsidising a little to gain a lot.

If that is the game they want to play, I am 100% behind slowing down the resource expansion. The industry wants to play games on their terms, we have the comfort to play on our terms.

Currently we sell X amount at a price of Y.

Option 1: We do little expansionDemand builds, not enough supply in the market so we continue sell X amount at 2Y, 3Y, 4Y or 5Y. That would be temporary but would bring in the cash to expand hard just as before to normalise things. Share price as before would go through the roof.

Option 2: We aggressively expand
We play into the hands of industry needs. They can continue to play their games and as a result we can expand and sell 2X amount at a price of Y to keep the demand side happy.

Given the manipulation, I would go for option 2. I don't care is we are the 3rd, 4th or 10th biggest. All I care about is how profitable we are, how high is the price of the product we sell it for. That is what drives the share price higher.

One reason I put good coin into this company is that it is financially sound. Compare events like this, it was not going to go bankrupt on a small debt like some others we know about. It does not need a deal.

I don't want a cheap takeover. But an offer for $10bill now I will accept, as a substitute for waiting for the supply/demand situation to rebalance. We are at the minimum a year away from that happening I believe. I'll take it and run and reinvest. I am kind of sick of the investment community undervaluing this company. Anything much less, I am happy to join any class action against the board and executive team, just show me where to sign.

If RIO really wants to play in the lithium game it can afford $10bill. It will give it a position, it will give it the resources and the expertise to connect it with its other plays which are far inferior to what we have. They can spend $5bill trying to get Jadar to work in god knows when, or they can have everything we have for a little bit more. It's a no brainer for them. It is just a dance.

Currently they have shown that we are worth $6bill at least, so they walk away, the only ones selling are the ones that have no interest in our company anyway and are only in it for the quick buck. So anyone trying to convince you of letting them steal it for less are the ones who only just came in, made a quick buck and ready to move on.

I give it one or two weeks until we gain a little more clarity.

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Yeap i'll join as well

LTM Price at posting: $6.01 Sentiment: Buy Disclosure: Held
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Ann: RIO: Rio Tinto confirms approach to Arcadium Lithium, page-330

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Ann: RIO: Rio Tinto confirms approach to Arcadium Lithium, page-330

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