I was just really saying, the Merger and Acquisition market for...

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Oscar09

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09/12/20

12:26

Post #: 49450520
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Originally posted by Learning_2B1 ↑

@Oscar09 I don't think this is the correct thread to be having this conversation, yet here I go.

Totally different kettle of fish to be casting that net I would say.

IGO is moving into take part ownership of Tianqi stake, which we both know of Tianqi money problems, as they had big, very big interest payments to pay as a result of over spending in the last Lithium cycle, attached with high interest rates- am I wrong ??

For Tianqi to stay solvent it was necessary for the company to sell part of their stake of Greenbushes. IGO after buying a gold miner called Tropicana rode the wave on that little fish only now to sell off those asset/s to part fund the acquisition from Tianqi. As I understand it IGO has gone to market for AU$320m through CR.

As @High top wrote LPD may be structured a little to difficult for that transaction to occur.
Example BOD has new powers to issue shares without delay, and they can also access 230m shares effectively in Treasury held as collateral.
So I would say the BOD have a few arrows in their quiver..!

And besides LPD has no debit, thanks CLL....!

I think I could go on but I have to go to another appointment.

Hope this helps throws some light on the water, I don't mean to chuck salt.

LT-B1

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I was just really saying,

the Merger and Acquisition market for EV space is absolutely firing.

Its an area i know well.

I also note our regular bot each morning ticking the price back.

LPD holders must ignore the noise, there has been so much of it (BS ) over the last 6 months.

Looking forward to a big finish this year and a strong 2021

LPD Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
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