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37.0¢ lithium energy limited

Pirata....based on your guesstimate numbers, are you saying you...

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OnTheCards

319 Posts.

43

30/04/24

07:41

Post #: 73570895
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Originally posted by PirataCzornomaz: ↑

Agree 100% with you.

we were wondering if not converting was a purposed action. It would have definitely affected by inside information.

One thing we need to credit these board is for Zero leaky ships, and zero mistakes. Lots of small caps cocks up their releases every now and then.

it should not be a low price offer, as the announcement talks about the sale, rather than informing they received an offer (am I wrong).

considering they have been negotiating for 6 months now, one would expect the agreed price is fair value and reasonable.

They might keep LEL (associated with Hannaq Argentina) to explore another salar....??? Or some of the proj3cts Hannaq has (copper, etc....).

$1.00

$1.20

$1.50

place your bets....

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Pirata....based on your guesstimate numbers, are you saying you feel that this could likely be sold for US$100M or under?
I would have thought it was worth considerably more than that based on comparative peers...

Last edited by OnTheCards: 30/04/24

LEL Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
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