Very unlikely, I'd say.
I couldn't find a way to attach the link on this app (weird), I would do so later today on web version.
There was a Noosa mining conference in early July where LPM also presented. Here's a few takeaway points (there'd be more) out of Simon's speech.
LPM will definitely be mined
With current infrastructure, it'll be very low cost production
Every holes they dig, there are resources (well, he was saying this 4 weeks prior to 127m hit)
CATL is ready to move on offtakes, just waiting for MRE
CATL will (most likely) keep supporting until LPM is mined
I don't think CATL and/or LPM are interested in TO of CXO or be taking over.
CATL who is the supplier of 37% world battery production with $1t MC, will simply need good grade spodumene from LPM.
Making $ out LPM's SP/MC growth, I don't think is their main intention as LPM basically for them, it's a petty cash, a change.
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Very unlikely, I'd say.I couldn't find a way to attach...
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Simon Kidston, Non--Executive Director
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