I'm still can't see how this deal is in the beat interest of Latin Resources shareholders!
Listening to Chris Gale try to justify this cop-out of a deal infuriates me, especially when he makes supporting statements like how the current market is "pretty difficult" to get funding.
He continually repeats how to deal is fantastic for Pilbara because they now own the "best undeveloped hardrock lithium asset in the world." How is that good for us?
He also states how good it is for the Company LRS because they now have Pilbara Minerals to do all the heavy lifting.
But what about Latin Resources shareholders???
all we get is "paper" in another lithium company that we could've gone a bought ourselves without having our investment stolen from us.
I can't decide if it's our BOD's impatience, laziness or incompetents that annoys me more. Never believe what they tell you to you face because in the end, all they care about is themselves and definitely not the interests of the shareholders.
Proactive Interview with Chris Gale:
https://youtu.be/w-ayoyA9ETA?si=DxuLoK_Oq3261aoj
LRS General Discussion, page-18866
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Open | High | Low | Value | Volume |
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8 | 967551 | 0.185 |
21 | 1943930 | 0.180 |
12 | 1109246 | 0.175 |
11 | 1152105 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 2711434 | 23 |
0.200 | 2897348 | 22 |
0.205 | 921658 | 11 |
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0.215 | 851896 | 7 |
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