Afternoon All,
So as this is the general discussion thread, I would just like to throw out something that has been bouncing around in my head re possible take over of LLL . The obvious one of course is Ganfeng but I think another possible one could be Brrick Gold and I know that they are into copper and gold etc but just think about it for a moment. They could in theory make this leap, well cashed up, known entity in Mali, huge upside and pathway into the future fuel of the 21st century. They could take over FFX , acquire the big chunk of LEO that is on their books and then launch a take over of LEO.
Nobody thought woolies would jump into lithium mining either. The reason woolies did so was because there was an experienced JV partner in SQM supporting half of the project. Sound familiar, what's to stop mark Bristow looking at LEO, we have a JV with Ganfeng and regarding FFX they are very familiar with their assets. Not beyond the realms of possibility me thinks.
Barrick is continuing to invest in its future through the development of capital projects that will expand and enhance an operating platform which already holds some of the industry’s best assets, says president and chief executive Mark Bristow.
Writing in the Company’s 2021 Annual Report Bristow says that, while building on this value foundation, Barrick was also expanding its presence into new prospective areas in its hunt for high-quality assets.The paragraph in bold above was taken from the link provided below.
https://www.barrick.com/English/news/news-details/2022/q1-2022-results/default.aspxIt is a big document but go to section under
Barrick expands global footprint in hunt for high-quality assetsAll imo and DYOR
Regards
FINN
(20min delay)