Unless there is some dodgy business going on between the management and Coldeco there is no way this offer will be accepted.
In a free market economy, BYD offered $61M USD for 80,000 mt of quota. Valuing LPI's 400,000 mt's quota at $305 USD ($476M AUD) alone.
With LPI's land, lithium reserve, water right, development cost considered LPI should be sold for $1B USD.
Of course we live under a communist government, I would rather reject offer and wait out of Boric's term in two years. We all know this goose is definitely going.
LPI Price at posting:
41.5¢ Sentiment: Hold Disclosure: Held
