Soon to be mine LTR is worth $2 billion per 100mill tons of...

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02/05/24

09:40

Post #: 73623069
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Originally posted by Ladytradr: ↑

That is my understanding Smark, but Gina/SQM committed to that price just before the lithium price really tanked.

Both would be aware that they paid too much too early in that one.

If someone currently were to bid aggressively up to $1 WC8 in the current environment, they would very quickly get enough stock (15-20%) to comfortably direct the future direction with MinRes.

The current Board may not appreciate how little borrowed time they may have left to put the key information on the table.

once MRE and metallurgy are better known and understood, and if strategic future partnerships identified in offtake/financing, then there may not be such a rush for the door to sell.

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Soon to be mine LTR is worth $2 billion per 100mill tons of lithium in ground,
PLS is $3 billion per 100million tons of lithium,
AZS is $2.8 billion and hasn’t even produced a maiden resource and wont produce untill the 2030’s
And all this in a huge downturn in the price of Lithium.
Come on Ladytradr show me the money and give us $1.50 at least as a starting point for a takeover.
So much ground to still be explored and the closer we get to PLS’s area (bolt cutter and the new lease just aquired and just to the north of PLS)this is the area were we will be placed among the leaders of the Lithium story.

GLTAH
Smark.

WC8 Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

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