Say NO to TO!, page-86

What takeover only a letter of intent.

Now both share prices have settled the rate will be adjusted to 10 for 1 from 13.25 for 1.

Historical takeover data suggest a premium of 30% to be successful so say 7 for 1 and it would require LIT Shareholder approval which is NOT A GIVEN.

Also I think EMH or Rare Earth their major shareholder may take a stake in LPD and they have deeper pockets than LIT as well as major find at Bancora.

With Elon Musk meeting Czeck President concerning a pitch for European gigafactory in Czeck Republic and Elon keeps abreast of Lithium technology could be very very interesting over next 1-2 months.

I think it pays to have a position in the pot as the stakes are raised the probabilities are excellent.

In any event AG and PWN have only ever spun out companies from their prospecting - very short on actually taking a discover/technology to production.

I suppose that is their business model