Amazing chart @HOOPZLPI is offered AUD 385mil for their Chilean...

Amazing chart @HOOPZ

LPI is offered AUD 385mil for their Chilean Asset which translates to AUD 190-200 per tonne LCE ,
GLN SP should be around AUD 3.90 to 4.00 (7.27 Mt LCE) based on the resource value offered to take over LPI's resources of 1.91Mt LCE.

BUT

$GLN should be worth more because :-

1. Chile has nationalised their Lithium Mines so technically $LPI moving into production would only hold <50%.

2. GLN is doing 21ktpa compared to LPI's 15ktpa.

3. GLN has the potential to do up to 60ktpa (including Candelas) which compared to $LPI is only 15ktpa. 4x production capacity.

4. GLN first product to market and will be in POSITIVE CASHFLOW by H1 2025.

So assuming AUD 4.00 base case for $GLN and $LPI recent offer. How much more premium do you think should $GLN's SP be if it has a takeover offer?

GLTAH, AIMHO, DYOR.