LTM buying LEL's interest in Solaroz would make the most sense, had a little looksy, LTM had 237.6m USD in cash and cash equivalents at the end of December. Dunno how much they have for the March Quarter yet, will know next week.
If it is indeed them, they probably would offer 150m to 200m AUD, so from $1.25 to $1.785 per share, this would increase their resource from 22.6Mt LCE to 26Mt LCE in the Olaroz Salar. I believe LTM are looking for ways to match SQM and ALBE.
GLTAH, hope you do well out of the offer.
LTM buying LEL's interest in Solaroz would make the most sense,...
Add LEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.36M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 40.0¢ | $18.69K | 46.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28455 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 13.51pm 28/05/2024 (20 minute delay) ? |
|
|||||
|
Last
41.5¢ |
Change
0.000 ( 2.47 %) |
||||
| Open | High | Low | Volume | ||
| 41.5¢ | 41.5¢ | 41.5¢ | 1000 | ||
| Last updated 10.37am 28/05/2024 ? | |||||
| LEL (ASX) Chart |