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29/05/25
10:05
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Originally posted by john_utah:
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Yeah, and at the time CATH agreed to pay US$240mil for 24% - At a time when lithium prices were booming and there were barely any new mines being comissioned. You think AVZ are going to get double that (or even triple that as some claim) with prices in the toilet, the market being saturated for the foreseeable future and in the position they are in? AVZ aren't exactly coming into any deal from a position of strength.. Don't get me wrong, I wish holders luck in getting a return from this debarcle, but I think setting realistic expectations would be prudent.
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It’s worth what someone will pay. Manono not only holds value in in ground resources it has value in potential market control bordering monopolisation. Currently China all but control the lithium market as can be seen by their earlier stockpiling leading to price suppression. The US have openly shown they are looking to go BIG in the critical minerals space. It also is a strategic piece when it comes to an ICSID case (currently suspended)