AKE
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0.00% $9.83 allkem limited

And now LAC follow up with a 112m USD placement and offtake...

  1. niu
    1,638 Posts.
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    20/01/17
    05:59
    Post #: 22017203
    And now LAC follow up with a 112m USD placement and offtake agreement to existing shareholder Bangchak Petroleum on more or less identical terms. This all lends further weight to the valuation - bear in mind, this is a risked valuation for a project yet to be built. Bear in mind also JEMSE have a guaranteed 8.5% ownership of Exar through the existing (Nov 2012) LOI.

    SQM would be very pleased to have got half the project for just 25m last year...
    ORE Price at posting: $4.45 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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