Pretty unlikely now unless you want to buy 1 of my shares or...

  1. 15,737 Posts.
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    Pretty unlikely now unless you want to buy 1 of my shares or someone else's shares, off market. Agreeing on a price would be the tricky part. Let me know if interested.
    Keep in mind that if the value of the company is around US$2bill, one share would be worth roughly A$480,000. Even at a 50% discount to that US$2bill valuation, one share would still be worth around A$240,000.
    LPI was recently offered a takeover at a price equivalent to A$202/t LCE of a brine resource in not so investor friendly Chile.
    At A$202/t, Phoenix's 12.4mt LCE brine resource would be worth A$2.5bill or US$1.64bill.
    At $250/t, with a 25% better price than that offered for LPI for a prime location in California and very large scale project, Phoenix's 12.4mt would be worth A$3.1bill or US$2bill.
    Last edited by chuk: 21/11/23
 
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