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.
Glencore is going to bid $1.8b for Bald Hill. MIN also wants to...
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Last
$1.23 |
Change
0.000(0.00%) |
Mkt cap ! $2.970B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.26 | $1.22 | $7.836M | 6.333M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39539 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 12600 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.23 |
Change
0.000 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.26 | $1.22 | 2016924 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LTR (ASX) Chart |