This is now seeming more and more likely.
If not by PLS, then MIN or one of the other large Li miners/battery makers.
If retail investors aren't going to value these assets/resources correctly, then the miners will.
ALB trying to steal LTR on the cheap is just the start IMO. I'd expect to see the funds start to take a more active role in buying.
They make dollars and hold the thing for a couple years, while retail sells out if it hasn't 5 bagged in 2 months. You see it over and over.
Getting Patriot solves all your Lithium problems for the next 30 years plus, you may even sell some.
The resource is looking to be that big.
My only fear is PMT is lowballed too with a 3 billion ($3) offer. You may be able to knock back a 60% offer but, shareholders may give in to 150% offer.
You can bet there are some boards at least chatting about it now. Once the MRE is out, it's likely too expensive for them.
Ken is going to get maximum dollars and a solid bidding war
Hopefully, we aren't lowballed.
You likely aren't going to see this kind of resource in you life ever again.
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PMT
patriot battery metals inc.
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22.0¢

This is now seeming more and more likely.If not by PLS, then MIN...
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $118.6M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 21.5¢ | $628.6K | 2.798M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18500 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 158731 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18500 | 0.220 |
11 | 708841 | 0.215 |
14 | 341065 | 0.210 |
6 | 140597 | 0.205 |
20 | 449468 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 144600 | 4 |
0.235 | 90000 | 2 |
0.240 | 45000 | 3 |
0.245 | 29992 | 1 |
0.250 | 35338 | 4 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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PMT (ASX) Chart |