Share
15,737 Posts.
lightbulb Created with Sketch. 4809
clock Created with Sketch. 13/02/23
22:58
Share
Originally posted by Sensi:
↑
It makes sense changing its name from Water to Lithium got to be the 1st cab of the ranks soon, if I am a betting man. Then jorc should be the next. And after that the buy out or ipo etc after these. Imo Salton Sea n Imperial Valley assets command a much higher valuation than the likes of VUL. Warren Buffet desperately targeted Arnold Wolf but failed to nail him. Phoenix also said no to Warren’s JV proposals I heard too These guys have 8 wells on their lands I hear and 3 are apparently real gems with very high numbers for the grades . If they achieve 30k acres and then the permits by next month and finally jorc by say April (everything takes extra time folks ) then US$1bil can be seen as a bloody steal for any buy out. I was informed Arnold Wolf is their biggest asset being the only guy who built a Lithium Plant outside China in the last 3 decades. So these guys have few unique selling points for sure. For the record I am not a shareholder but will be for sure if it IPO’s ever. I’ve seen all the pressos n Term Sheet n Webinar etc. personally US$1bil is an easily achievable valuation
Expand
Thanks for your input. Much appreciated.
Last edited by
chuk :
13/02/23
