Fatshark says: LTR being offered $5.5billion to be taken over by...

<sup>Fatshark says:
LTR being offered $5.5billion to be taken over by Albemarle = $352m per 10mt x 1.4%
ESS has 11.2mt at 1.16%, from surface, which if valued like the LTR's offer equivalence:

1.16% / 1.4% = 0.89
11.2mt / 10mt = 1.12
$352m * 1.12 * 0.89 = $350m equivalent LTR offer.

$350m / 272m shares = $1.28 per share equivalent LTR offer.

50cents is a joke.</sup>
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yes, this corresponds exactly with the calculation of Evolution Capital that sees 1.12$ per share. Only Tim has lost touch with reality.


https://www.eveq.com/wp-content/uploads/2022/11/Essential-Metals-Limited.pdf