General discussion, page-13186

and counts

if you take off wa1’s likely cash position of $80 million which would be far larger than say lrs’s (Latin resource ) cash position which is being taken over by pls then I think you should be asking why is wa1 not worth more

the initial jorc of wa1 is massive compared to lrs yet they are not far off in terms of takeover price and wa1 enterprise value. How can that be ??

wa1 200mt of niobium ore at 1% … cash could be $80million
lrs 72mt of lithium ore at 1.1% …. Cash could be $20 million as a guess

there is a big difference between contained tonnes and this is wa1 first resource but Latin resources probably upgraded intial jorc resource