Post by
MrPeters on Jan 02, 2024 7:33am
I'm Just Saying
Hope everyonr had great holidays.
E3 must be getting ready to release a few NR on their PFS and the DLE choice. When this happens we are going to see the fun start. Capital is going to come front and center. Keeping in mind E3 has such a low Float. Will there be a massive PP?? (Doubt it). For sure they can not go it alone, so will there be an M&A? or just an A fight?
My money is still on a friendly Exxon/IO acquisition?
And let us not forget Saskatchewan, whatever that has to offer?
Exciting times ahead. (as long as the EV industry doesn’t crash out and Lithium doesn’t tank.)
Comment by
PuerSimia on Jan 02, 2024 1:36pm
Corporate budgets for 2024 are complete, and I'd bet we have a few potential Suitors lurking in the weeds. What will be the catalyst that drives one of them to make a move first?
Comment by
MrPeters on Jan 02, 2024 1:51pm
The catalyst is going to be when EV sales takes off and spot price of Lithium pops back up. PFS and DLE NR comes in to everybodys satisifaction. Then the fireworks begin.
Comment by
PuerSimia on Jan 02, 2024 2:23pm
Geez, I don't know if I can wait for all that to happen ;-) I'm hoping things heat up shortly before the PFS is released, followed by a massive bidding war ;-)