Yeah was thinking similar. LKE? do we need more Argentinian brine? GLN is more of the similar stuff at SDV, I think once we see the true resource at SDV, we will have enough lithium brine to last a life time, maybe even two...
I think CXO is prime take over target for ORE.
1. Replace the Mount catlin resource as its life of mine is only a few years away 2. Hard rock in Australia, so complementary asset 3. Same offtake customer as Mount Catlin (Yahua) 4. Market cap is manageable at $650m - plenty of options with equity/debt to acquire
Not advice
ORE Price at posting:
$8.43 Sentiment: Buy Disclosure: Held