And how ironic that Joe should call ORE's market cap high when he has just taken part in a deal that on the face of it implies a value somewhat north of ORE's already producing asset.
Clearly, Albemarle wants to deploy their cash hoard to bolster their industry position. The high market caps of surging Galaxy and lagging Orocobre are certainly barriers to a value adding brine acquisition for the “lithium super power”.
Before anyone gets too excited about EV/resource ton, I don't get too excited about tons that won't be produced in the next twenty years.
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