Very interest in article in Finreview re minresources potential...

Very interest in article in Finreview re minresources potential spin off of lithium assets into a separate entity that would list on the NYSE.

"Street Talk can reveal MinRes has investment bank JPMorgan working on the plan, which could see it float its lithium mining and processing operations in a separate entity on the New York Stock Exchange."

"Sources said the board had yet to sign off on the split, however it was keen to consider all options in light of a huge difference between the value of its shares and specialist lithium companies, such as US-listed Albemarle."

Based on cashflows IMO the Market cap of AKE, PLS IGO and MIN are well below the overseas peers SQM and ALB.

Market woke up yesterday.

https://www.copyright link/street-talk/minres-mulls-mega-lithium-spin-off-jpmorgan-digs-up-structures-20220908-p5bgh9?utm_content=street_talk&list_name=5655EA70-F54A-4680-8E43-524D4E016C59&promote_channel=edmail&utm_campaign=before-the-bell&utm_medium=email&utm_source=newsletter&utm_term=2022-09-09&mbnr=MTM5MzU0ODU&instance=2022-09-09-05-59-AEST&jobid=29412895

Not advice