I agree I think they want to go it alone.joint ventures especially when it comes funding in exchange for equity would take to long for decision making and especially if the corner stone investors want a board seat to protect there investment. Again I'm sure there are a few just waiting for formal release of our MRE before they make approaches. I can see patriot moving in for a cheeky part script/cash offer they can then control supply for the eventual lithium demand anticipated in a couple of years time when everything will be electric. I'm betting they are approaching that banking syndicate with the Initial MRE for a big finance deal to supply funding for the project. Then maybe a Nasdaq listing but I don't think we'll get that far. I'm expecting something to hit the Bod desk with an offer to good to refuse.
I agree I think they want to go it alone.joint ventures...
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Last
$1.06 |
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0.000(0.00%) |
Mkt cap ! $202.2M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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$1.07 |
Change
0.000 ( 3.77 %) |
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| Open | High | Low | Volume | ||
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| Last updated 15.59pm 06/06/2024 ? | |||||
| WR1 (ASX) Chart |