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clock Created with Sketch. 03/03/25
09:57
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Originally posted by forbearance1:
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At $400m, how isn't this a t/o target? The handwork consolidating NAL ownership is done.
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The honest truth is that NAL is a high cost operation and not an overly desirable one in this current market. Individually:PMT - absolutely are focused on preserving cash and progressing their flagship project PLS - internal investment in their P2000 and Colina projects would be significantly better than acquiring NAL and the other SYA/PLL projects RIO - focused on brine primarily, and already have a pipeline of Canadian spodumene projects. BHP - not focused on lithium. And if they did, acquiring PLS or LTR would make significantly more sense. BHP only work with Tier 1 projects.
(20min delay)