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Allkem Ltd T.ORL


Primary Symbol: OROCF

Metals & Mining Industrial Metals & Minerals
Allkem Ltd formerly Orocobre Ltd is an industrial chemical and mineral exploration company. It explores and develops lithium, potash, and salar mineral deposits. The company's segments are Corporate, Borax, and Olaroz. The majority of the company's revenue is derived from the Olaroz segment.


PINL:OROCF - Post by User

Allkem Ltd
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(3)
•••
Comment by Audax77on Jan 15, 2018 6:16pm
128 Views
Post# 27363300

RE:RE:RE:Any guesses on why the Halt?

RE:RE:RE:Any guesses on why the Halt?
All releases are listed here: https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=ORE&timeframe=D&period=M6

It is a capital raise, of sorts. but tied with Toyota aquiring 15% stake in Orocobre at a 17% premium ($7.50 AUD/Share),  increased (25,000 tpa) phase 2 expansion and accellorated phase 2 expansion (commissioning in 2019)
Total carbonate production will be 42,500 tpa
10,000 tpa hydroxide plant in Japan going forward.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities