Post by
Shackle12 on May 04, 2023 10:14am
Just saying...
IMHO, The closer E3 gets to production the more interest it is going to generate.If no partners announced then or still could, become a Takeover Target.
Liontown in March rejected a $5.5 billion (3.7 billion) offer from A$lbemarie.
The intense interest in Liontown, which has become an acquisition target after it spurned three bids in five months from the world’s top lithium producer.
In part: “There is a lot of demand coming out of China, and then more broadly around the world,” Ottaviano told Bloomberg Television interview Wednesday. With global demand for lithium set to boom, bigger companies that buy longer-term assets will stand to benefit as consolidation starts to emerge.
We have to break the $2.80 SP.
DD strongly advised
GL longs