I’m looking for ~$1 share price by years end based on my increased confidence on the permitting and also I still don’t think “the mkt” has woken up to the resource upgrade yet. As we know once it’s permitted then INR (controlling interest in RR) is in play
I believe RR is conservatively worth US $5b so that’s a 5x from here. If you read comments from Livent CEO recently about importance of US / Nth American supply chains you can see where the industry is moving.
My prediction is an eventual take out from either RIO, ALB, Toyota, Centaurus, Korean autos.
Management has been hard at this for years now so I reckon they would exit around $2.50 - $3.00 range. That’s a few 100m for CEO and Chairman. Not too bad
Just my thoughts
I’m looking for ~$1 share price by years end based on my...
-
- There are more pages in this discussion • 554 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add INR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.3¢ | 14.5¢ | $1.140M | 7.625M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3299 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 391943 | 9 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| INR (ASX) Chart |