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clock Created with Sketch. 28/09/18
15:17
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Originally posted by Cadel
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Whilst we can take all of these reports with a grain of salt. I think this would be a fantastic move. (TAW is my second biggest holding after GXY). Bald hill is a great resource that has only been party drilled out. TAW went the somewhat brave path of drilling a little and straight to building the mine. They did very well getting it up and running in record time and with no debt. I think AMAL basically paid for it and gained a 50% stake in the process. TAWs CEO Mark Calderwood seems like a very smart bloke and an excellent operator. He knows lithium and previously wrote a book about lithium in WA many years ago. He would be perfect to complement AT. AT could work on the corporate side and the wheeling and dealing and Mark could concentrate on the lithium side of business. From my limited understanding of AMAL, they don’t seem to add much in terms of management. By the way if their was a takeover it would be a takeover of AMAL since TAW and AMAL are merging. Makes for a much cleaner takeover since it will be 100% owned. Mark will run the new merged entity called AMAL.
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Hey Cadel, l thought Brine needed the sun shine to make hay, notHard rock. And please don't tell Gekko that T.A.W. largest shareholder at 16% is J.P. Morgan. all the best
