I suspect this LRS investment may be more about diversification.
North America is going to need plenty of lithium and they may prefer long term to source from Canada or South America.
PLS will be across the WildCat story, but it may be too hard for them to play with MinRes and Gina on the register
my view is Wildcat would greatly benefit from some strategic partnerships with other groups, including future off-take and financing relationships which may/may not include a meaningful shareholding.
PLS takeover for LRS is highly positive for WC8, page-3
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26.0¢ |
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Mkt cap ! $319.5M | |||
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| No. | Vol. | Price($) |
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