Agree, I don't think RIO will want to sit idle for years sorting out access to the lithium in Serbia. They will want another major project if they are serious about getting involved in the lithium space.
KV could be the perfect project for them. Tier 1 resource ready to go. It will give them the opportunity to improve their recent ESG record and buy them additional time to sort out Serbia.
Whether we are willing sellers is another thing though. I am very excited to see if they make a move on us. Maybe those bots working on our share price are RIO bots????
Unless Buldania proves up as large as KV, I cannot see a valuation as great as PLS though.
$5 per share puts us at a MC of 10.4 billion, greater the PLS, so at this stage I think the $3-4 price range is more realistic. Happy to be proven wrong.
G
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79.8¢ |
Change
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Mkt cap ! $1.933B | |||
| Open | High | Low | Value | Volume |
| 78.0¢ | 80.0¢ | 77.0¢ | $4.864M | 6.172M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 163945 | 79.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 528781 | 42 |
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