A40 0.00% 8.2¢ alita resources limited

Ann: Removal from Official List, page-154

  1. 1,447 Posts.
    lightbulb Created with Sketch. 501
    FIRB needs to be informed that it's the same Chinese entity behind the doca proposal.

    3 things need to work out for A40 shareholders.

    1) Assuming FIRB rejects the transfer of share to Austroid as they found out it's the same Chinese entity behind it.

    2) Price of lithium increased substantially over the next one year and lithium sector valuation goes back to the 2018 high or even higher.

    3) Austroid gave up and selling the debt to another entity. We might get bids from lithium majors or other players for our ready mine.

    Very very very slim chance but not entirely impossible imo.
 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.