Guys, this post was on 3/3/23 when ALB tabled its first offer.
ALBEMARLE- we’re not stupid to accept below $7. GO BIG, OR GO HOME!!!
Thank you
——
Something is brewing again at the HQ
Since it’s the first time TO is doing a road show in the US of A, recall all words from the horse’s mouth, we’re not mincing words here. He’ll go for the ‘big kill’ in this trip. He won’t fly dozens of hours and just slumber in his hotel, I don’t think so. These will reverberate as the burning questions are addressed: WHY WHOULD WE INVEST IN LTR? WHY SHOULD WE BUY YOUR SC6? WHY SHOULD WE PARTNER WITH YOU?
We’re not in central or Western Africa
We’re not in Central America
We’re not in northern Quebec
We’re in premiere Mining jurisdiction
And that commands a premium! - Boom!
If I were to mine this via open pit, I’d deposit a billion tonnes of waste on surface.
With underground, it will be 50 million
You can imagine what that means to the environment and when talking with the native title owners
Ltr is the next generation of producers
We are fortunate to observe and avoid all the mistakes of the first generation of producers
Aka:
Our flow sheet won’t be like theirs
Our recovery won’t be like theirs
Our grades won’t be like theirs
Our pricing has no ceiling and won’t be like theirs
Our engagement with native title owners won’t be like theirs
Our ESG would be sector leading
Our offtakes are not like theirs
Our capex won’t be like theirs
We won’t be like them
We will deliver acc to our commitment
No false jungle promises
We don’t release the DFS and two years later we will still be talking jungle about it
On final DFS, we’ve raised $463 million.
We’ve obtain the native title agreement
We’ve ordered the long lead time items
We’ve obtained the Offtakes
We’ve obtained the final funding
More than enough to enable start mining 3 MILLION TONNES 12 months in advance before day 1 of processing
1 MILLION DSO TONNES BEING DUG NOW FOR EARLY REVENUE
We will be 60% renewable from Day 1
We are getting immense interest in the downstream processing
We’re tier 1
Our cost is resilient
Aka:
We won’t blow it up
We ordered spares
We know what we’re doing
We’ve conducted dozens of tests
Our flow sheet is simple
With very high recovery 85%, but have used a more conservative 80% in the DFS
We will upgrade the resource
We want to know how huge this deposit is
To be able to plan and prepare the needed infrastructure
Aka: we’re forward thinkers, years in advance
We’ve got skin in the game
ok guys just some of the catch phrases over the last since TO boarded the Ltr bullet train
To warm up the roasters for today
all imo or estimates
for More info, check the Ltr Ann’s
(20min delay)