SPP at 11c . Push coming.
Even if GLN falls over tomorrow . Auction sale would bring in more than the MC at around 100m IMO. The project has the goods
Rio Tinto chief executive officer Jakob Stausholm has detailed the company’s plans to grow its critical minerals base following its $US6.7 billion acquisition of Arcadium Lithium.Rio Tinto Lithium – Arcadium’s new name – aims to grow the capacity of its Tier 1 assets to over 200,000 tonnes of lithium carbonate equivalent per annum by 2028.Aiding this goal is Rio’s Rincon project, which received approval for a $2.5 billion expansion in December 2024 and is set to be the company’s first lithium mine.
https://www.australianmining.com.au/rio-tinto-looks-to-the-future/
JP has this true belief here . Some investors consider it stubbornness . Directors have been buying. Who knows?
Don't think the SPP is holding it back. Li price has been rising . If it keeps moving up the SP will follow
IMO
SPP at 11c . Push coming.Even if GLN falls over tomorrow ....
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