AKE 0.00% $9.83 allkem limited

Merger: Yes or No, page-10

  1. 285 Posts.
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    I'll be voting no cause AKE has more overall potential in the brine assets, where as we are likely to head into a downturn in Li prices, AKE will be still substantially profitable as its expansions kick in, and merger dilutes those profits a real lot. AKE share price at this rate is heading close to what ORE was years ago, and that's when Li prices were fraction of where they are at now. Imagine if ORE stayed separate?! It'd be slaying it with profits as the 2nd stage at Olaroz reached full capacity. Wedded to GXY's hard rock means a massive drag down as Li prices almost definitely collapse into next year.
 
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