In Post #: 73003154 I calculated the value per share after the 47% increase of the Lithium resource of Manono.
At that time the LI prices were higher with 8 $/t for LI in ground. Meanwhile this value dropped by around 25%.
I calculated the price per share with 6 $/t and this gives a value of 1,9 - 2,1 AUD/share.
This would be a good TO price (at least for me), but I am afraid that the buyer requests a discount of 20-25%.
So at the end, I assume the low-ball offer will be around 1,5 AUD /share, while a fair value will be 2,0 AUD/share.
I am pretty sure, that there are companies which like give a TO bid when dust has settled. Some already try to spread uncertainty and fear amongst share holder spreading buy offers via SCP Investments Limited for less than a cent/share.
What's interesting is that the offer end at 07.02.2025, 17:00. I believe one day later we get an important announcement.
If I remember correctly 07.02.2025 is also the date when the ICSID fee has to be paid. So either DRC has made an acceptable offer to Nigel before 07.02.25 or AVZ has to pay the fee and go the hard way.
Only three weeks to go till we can start the party or go to court and fight for our money.
In Post #: 73003154 I calculated the value per share after the...
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