Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

LITHIUM X ENERGY CORP V.LIX

"Lithium X Energy Corp is a lithium resource explorer and developer. It is focused on supplying the lithium battery industry. The company’s property includes Sal de Los Angeles lithium-potash brine project (the SDLA Project), in Argentina's Salta Province."


TSXV:LIX - Post by User

Comment by Dtraders1on Dec 19, 2017 9:00am
188 Views
Post# 27185275

RE:Question?

RE:Question?Albemarle could easily swallow LIX so yes there are chance that other offer could come as clearly the shareholder doesn’t agree with this sale at 2,61$ per share.  AAB could choose to not support this deal and they own 6 Millions shares of LIX.  If other shareholder vote against it it will be harder for the management to obtain the 66.6% vote (management hold only 6%). If today LIX doesn’t rise with significant volume this will show a clear sign of a majority disaproving this deal and the door is open for better counter offer.  One thing is for sure, all this is attracting the attention of lithium industries!
<< Previous
Bullboard Posts
Next >>