Ann: Scheme of Arrangement - Satisfaction of Condition Precedent, page-7

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GARETH78

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05/12/24

16:05

Post #: 76934425
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Originally posted by Georgep3438: ↑

You mean driven down by bots ,to a very low price ,so that the offer, based on VWAP, came with a," premium", to look good.

That was a pathetic 7% of a PLS share which was about 20c at the time., now as PLS going down too we are at 16.5c.

I think the scheme won't get up ,unless PLS has appointed the big banks to buy up on their behalf ?

I think RIO ,may swoop on PLS ,as their Jadar valley Li mine in Serbia is in trouble with the locals backlash and now the Government
sniffing political fallout, backtracking.

There are also questions now in the U.S. congress about the RIO bid for Arcadium ,as Rio has Chinese shareholdings.

Expand

PLS still looks over priced given current Li pricing. Been saying it for a while.

Possible Trump turmoil and the legacy auto companies in complete disarray not a good sign for the next 6-12 months IMO

Only hold 330k here now compared to 12m at peak.

Been an interesting 4 years that’s for sure.

Last post here. Wish everyone well. Sure paths will cross on other companies.

GLTAH

LRS Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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Ann: Scheme of Arrangement - Satisfaction of Condition Precedent, page-7

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