Ann: Upgraded Ore Reserve and Mineral Resource Estimates, page-36

First 36 Last

Share
Profile

Follow
sabine

18,377 Posts.

3832

25/10/17

08:48

Post #: 28168188
Share

Originally posted by mmoore1957 ↑

The combined production capacity of AJM & PLS in full expansion mode would be > 1m tpa of 6% Li2O. This would be greater than Greenbushes's 650k 6% Li2O tpa and make it the largest operation of its kind in the world. You would think that some large corporation either in or looking to establish a foothold in the Li industry would find this incredibly and tantalising attractive. You buy AJM & PLS (Neighbors after all) and immediately establish yourself as a premier force in the new age industry of Li. Also the combined entity would be generating PAT > A$600m and FCF > A$650m. So who would do this:
1. FMG. Would reduce their dependence on IO and give them immediate scale which they would like
2. BHP. This would complement their existing product line and again have the required scale. Also once they been forced to divest Oil they would have a bucket of cash to spend.
3. RIO. Maybe
4. Chinese outfit. They like dominant industry positions (eg REEs) so this strategy would be a perfect fit and put them in pole position to build up market dominance.
In any case just some random thoughts BUT I suspect that someone somewhere is thinking about it.

Expand

“Fortescue was also looking at energy infrastructure projects which could enhance its business in Australia's Pilbara iron ore region, he added.”

That’s from this story about FMF future after Nev Power leaves

: http://www.copyright link/business/...d-copper-energy-20170927-gyq0hc#ixzz4wSr4K0FH

But maybe it’s simply about supplying existing mine sites with solar or something ...

Last edited by sabine: 25/10/17

AJM Price at posting: 27.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

PAM

PAM secures high-grade Chilean copper play in strong territory

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

There are more pages in this discussion • 22 more messages in this thread...

First 36 Last

Add 1MC (ASX) to my watchlist

(20min delay)
Last 4.4¢		Change 0.001(2.33%)		Mkt cap ! $10.87M

Open	High	Low	Value	Volume
4.4¢	4.4¢	4.4¢	$4.787K	108.7K

Buyers (Bids)

No.	Vol.	Price($)
3	194992	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	126464	3

View Market Depth

No.	Vol.	Price($)
3	194992	0.043
1	49886	0.042
4	226951	0.041
6	246083	0.040
1	18000	0.039

Price($)	Vol.	No.
0.044	126464	3
0.045	151356	5
0.046	21739	1
0.047	45000	1
0.048	20833	1

Last trade - 14.14pm 29/07/2024 (20 minute delay)

1MC (ASX) Chart

Ann: Upgraded Ore Reserve and Mineral Resource Estimates, page-36

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

PAM secures high-grade Chilean copper play in strong territory

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Upgraded Ore Reserve and Mineral Resource Estimates, page-36

Top Stories

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

PAM secures high-grade Chilean copper play in strong territory

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News