From my very limited understanding, it seems more likely that joining adjacent tenements allows better scoping of both resources and this benefits both parties. Economies of scale and streamlining extraction just screams mutual benefit, which I imagine is the true motivation rather than satisfying a T/O offer for LEL's lithium. It's still a seller's market in the end.
Ann: Merger & IPO Spin-Out of LEL and NVX Natural Graphite Assets, page-58
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Last
46.0¢ |
Change
-0.005(1.08%) |
Mkt cap ! $51.52M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 46.0¢ | $64.84K | 140.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43733 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 12491 | 2 |
View Market Depth
| Last trade - 11.00am 16/05/2024 (20 minute delay) ? |
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Last
46.0¢ |
Change
-0.005 ( 1.10 %) |
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| Open | High | Low | Volume | ||
| 46.5¢ | 47.0¢ | 45.5¢ | 14764 | ||
| Last updated 11.51am 16/05/2024 ? | |||||
| LEL (ASX) Chart |