Just having a look at the Albemarle & Mineral Resources (MRL) - Wodgina Lithium project transaction.
This transaction involved Albemarle acquiring from Min Res a 60% interest in Wodgina, which in total is a 259mt @ 1.17% Li2O deposit.
Acquiring a 60% interest of Wodgina would mean 259mt x 60% for 155mt @ 1.17% Li2O (or ~1.8mt contained Li2O)
Now let's see below what Albemarle paid for 60% of this project, effectively a 155mt @ 1.17% resource...
Basically for 155mt @ 1.17% - Albemarle paid:
- USD$820million cash to Min Res
- AND a 40% free carried interest in the Kemerton Hydroxide plant that Albemarle will fully fund up to a cost of $1.2billion - valuing Min Res's share at NO LESS than USD$480mil
- Therefore, combining 1 & 2 we get USD$820mil + USD$480mil = USD$1.24billion (AUD$1.8billion) for 155mt of the Wodgina deposit + some mining infrastructure (say approx $250mil value)
- Forums
- ASX - By Stock
- LTR
- confirmation of manipulation
confirmation of manipulation, page-25
- There are more pages in this discussion • 273 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.24 |
Change
0.015(1.22%) |
Mkt cap ! $3.006B |
Open | High | Low | Value | Volume |
$1.24 | $1.26 | $1.23 | $8.241M | 6.611M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 87470 | $1.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 43680 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 87470 | 1.240 |
10 | 269233 | 1.235 |
6 | 115412 | 1.230 |
7 | 90761 | 1.225 |
10 | 218819 | 1.220 |
Price($) | Vol. | No. |
---|---|---|
1.250 | 43680 | 2 |
1.255 | 63498 | 4 |
1.260 | 103375 | 9 |
1.265 | 191500 | 6 |
1.270 | 137226 | 9 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.24 |
  |
Change
0.015 ( 0.97 %) |
|||
Open | High | Low | Volume | ||
$1.24 | $1.26 | $1.23 | 2072730 | ||
Last updated 15.59pm 06/05/2024 ? |
Featured News
LTR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online