RE:RE:RE:RE:RE:RE:RE:RE:RE:Here is Gangfeng Lithium/Millenium Lithium News Hi Neo,
I knew Allanpotash, but never invested in it. Absov was the CEO of another lithium company I was invested (forgot the name), which was sold for penny.
I knew Western Lithum, which came out from Western Uranium I invested in. Western Lithium and Lithium American merged in 2015, I believe Waldo was pushed out after the merge, and Waldo had nothing to do with the SQM deal. I did some research in the past regarding this issue, the following link was proof that Waldo was either CEO, President, or Chairman of LAC when this deal was announced.
https://www.lithiumamericas.com/news/-western-lithium-announces-name-change-to-lithium-americas--and-provides-corporate-update
https://www.lithiumamericas.com/news/lithium-americas-and-sqm-announce-joint-venture-
Waldo left LAC in 2013 (shown in Linkin profile), and formed NLC in 2016.
tiger
neosceptic wrote: Yes, tiger, I agree that ML was sold too cheap. In past, I actually claimed that along with geography, management was a reason that ML was consitently traded with premium to NLC (that was. before NLC formed CATL alliance).
I invested in Alana, junior potash company, in the past, when Abasov brought the company from scratch all the way to production in Ethiopia, in by far riskier environment than Argentina.
He could of do it with ML and I expect most expected that.
Meanwhile, Waldo sold 50% LAC for 25M and I was as disappointed as you was.
Waldo seems to learn the lesson, at least I hope and am staying long with NLC.