AKE 0.00% $9.83 allkem limited

thanks Quiono, was there really a threat of someone else buying...

  1. 181 Posts.
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    thanks Quiono, was there really a threat of someone else buying advantage? If advantages location was going to effect Orocobres flow rates significantly, it seems odd to have offloaded in the first place. I accept there is a finite rate you can pump from the salar but the current planned 42,500/year production should have been well within that without any contribution from the advantage site, from memory there still capacity for a stage 3 expansion from within the current site. I was happy to sit on the profits of 42,500t/year, also not sure what the plans are with Chile v Argentina in regards to currencies, taxes, royalties etc. sounds like there could be other benefits I’m missing. I have no control and obviously only part of the puzzle but let’s hope they are acting in ORE shareholders best interests and not just buying an excuse or method of cooking the books to suit their reports.
 
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