Ann: Liontown rejects Indicative Proposal from Albemarle, page-512

Great news for the whole sector now that we know management believe it’s still very undervalued at the $5-6b level and all this concerted efforts to push down lithium prices looks to have had an ulterior motive clearly as most have suspected for a long time now. There will be more games played yet but time may be against the majors now that a cat has escaped from the bag. Interesting I think is that this is the third offer but first time made public, so I do wonder if TG and TO have beaten them at chess knowing the pay back was overdue with the way the SP has been attacked, could it be they have led the offer on as an interested party knowing the offer would not be in their ball park but enough to re rate the company and in doing so others as well.