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Thank you for the replay Chuk. I don't think either party will...

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39 Posts.

22/11/23

13:32

Post #: 71043371
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Originally posted by chuk: ↑

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.

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Thank you for the replay Chuk. I don't think either party will be able to agree on a price currently which is unfortunate.

I think I will just need to wait for the next PXW
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