AKE 0.00% $9.83 allkem limited

TOYOTA TSUSHO

  1. 2,915 Posts.
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    TOYOTA TSUSHO bought 15% of ORE at $7.50 and current sp is $4.27.

    At this current ridiculously undervalued price I think ORE could easily be snapped up by TOYOTA TSUSHO. I think there is a real possibility of this happens as ORE is entering its growth phase, having overcome some major technical issues and is ready to roll out its phase#2 expansion to a whopping 45000 tons of lithium carbonate (compared to current annual production of about 12000 tons and is also ready to built its NARAHA lithium hydroxide with TOYOTA TSUSHO.

    ORE is also owner of 1/3 of ADVANTAGE LITHIUM and 100% owner of Borax business in Argentina.

    Shorters are running a huge risk.
 
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