Agree. ORE brings plenty to the table an de-risks both SDV and JB as well as accelerating both developments. This will cement the merged entity’s place in the top tier of integrated Li companies world wide, and, with the growing trade and security uncertainty between China and the west, de-risk the global risk as well. Realistically the only question is whether the shareholders of both parties are getting a fair deal. If the answer to that is no for either or both companies, then the market will answer with higher bids from outside. I am happy with the now secured future for the assets, accelerated timeline etc, and wait with interest to see what SQM, Livent and others‘ reactions may be.
GXY Price at posting:
$3.72 Sentiment: Buy Disclosure: Held