Glencore is going to bid $1.8b for Bald Hill.
MIN also wants to buy it.
Bald Hill project has 26mt at 1% grade resource.
Bald Hill has 265kt L2O veya 655kt LCE
LTR has 2,340,000t L2O or 5,787,000t LCE
KV is 8.8 times bigger than Bald Hill
So LTR's value comes to;
$1.8b x 8.8 = $15.5b
Or $7 per share.
That was the last price I gave on one of my recent posts.
Of course they all know that.
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Mkt cap ! $1.940B |
Open | High | Low | Value | Volume |
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2 | 8785 | 84.5¢ |
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Price($) | Vol. | No. |
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72.0¢ | 116361 | 1 |
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3 | 18807 | 0.820 |
2 | 8259 | 0.810 |
3 | 11695 | 0.805 |
23 | 220780 | 0.800 |
Price($) | Vol. | No. |
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0.765 | 17148 | 3 |
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