RE:RE:Livent buys out Pallinghurst SOURCEMAN1 wrote: Anyone want to guess why Pallinghurst would sell out now just before the build and production ?
They have never not been successfull at a mining project.
They sold to LTHM which was their 25% partner before and now owns 50% with IQ .
Somthing smells fishy here ?
Someone who knows the numbers better please tell us .
I think this local purchase just firmed up the CRE 2B price tag
Pallinghurst obtient 17 500 000 actions de Livent grace a IQ pour avoir accorde a Pallinghurst une participation de 50% dans Nemaska Lithium 2.0 apres avoir vendu une participation initiale de 50% a Livent pour 30 millions de dollars. Bravo Fitzgibbon et Frandsen ! -- Pallinghurst obtains 17,500,000 shares of Livent thanks to IQ for awarding 50% equity stake in Nemaska Lithium 2.0 to Pallinghurst after having sold initial 50% participation to Livent for $30 million. Bravo Fitzgibbon and Frandsen! -- May 2, 2022 Livent closed at $21.37, 17,500,000 shares for 25% stake earns Pallinghurst over $373 million US.