Australia's largest stock trading and investment forum Australia's #1 stock forum

AKE

Click for more information

0.00%

$9.83 allkem limited

Ann: Orocobre and Galaxy Proposed Merger, page-42

First 42 Last

Share
Profile

Follow
dyeman

4,203 Posts.

786

19/04/21

15:58

Post #: 52569926
Share

Originally posted by Rich115 ↑

One other thought FWIW -

Watch GXY/ORE Holdings in ETFs such as LIT, REMX, DRIV, and other EV ETF plays.., along with Fidelity and other institutionals, they’ll likely see this merger as a de-risking and sourcing diversification positive, which increases the probability of project capital funding potential (to secure off-take) and other ‘buy-in’ investments..,

When those ETF holdings start to increase, then you know it’s Game On.., as Butcherboy eludes, I wouldn’t be a seller quite yet,

Expand

Yes. IIRC LIT slashed its ORE holdings a while back when its operational performance was poor to say the least, and the lithium market in doldrums.

I wonder if the new entity has intentions to process hardrock ore into lithium chemicals down the track rather than just ship it to China?

ORE Price at posting: $6.58 Sentiment: Hold Disclosure: Held
3 Upvote

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

First 42 Last

Add AKE (ASX) to my watchlist