1MC 20.0% 0.2¢ morella corporation limited

Ann: Ceasing to be a substantial holder, page-23

  1. 3,740 Posts.
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    What was that? $754 million USD investment buys you 27 years of cheap (crappy brine) lithium in Chile, to feed expensively into a hydroxide plant? Looks to me like a similar investment in AJM would buy you 26 years of spodumene at cost...

    $754 millions USD equates to a 42 cent share price even after paying off the debt. I think an offer like that might get them quite close...


 
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