lpd share price, page-269

For mine, the greatest risk of takeover is between P1 reaching nameplate operation and P2 FID. P1 proves the concept, but the company still won't be big enough to protect itself until P2 has a reasonable chance of existing, or maybe even until it is built.

Until P1 is working at nameplate (something the lithium industry is notoriously bad for missing, by the way), there is too much risk in unproven tech, I think.

Once P2 is online, the company should be large enough and well-resourced enough to defend from any hostile takeovers.

Between those two goals is the danger zone.

I don't think GXY will need to launch a takeover. There's potential synergies to be explored between the two, but they're still very different operations, and I just don't see GXY needing to commit to that kind of capital expenditure when it has plenty of organic growth opportunities between JB and SdV.

I'm also certain that if we can figure this out sitting here on HC, the Joe will be all over this. Who knows, perhaps another strategic alliance will be formed for the silica side of the business? Another strategic shareholder coming on-board for 10-12% would likely kill any 3rd party hostile takeovers and probably make it took expensive for either of the strategic investors to try....