Century Lithium Corp V.LCE

Greenbush Transaction

[kspiker]

Anyone know what value of $$$$ per tonne of LCE that works out to?

[desertbarnacle]

Not much out there on Greenbushes.  Largeest source of Li in the world, massive hardrock deposit, 2 to 3 million tonnes of Li concentrate per yerar strating 2021, due to expansion since 2018.  Also a major source for Niobium and Tantalumn, so it makes getting at the lithium grade hard let alone the LCE data,  Also, since ALB is a major owner, not much news ever gets out Strip ratio

[yakattack]

U.S.-based Albemarle Corp, which holds 49% in the Talison Lithium joint venture that operates Greenbushes to TLEA's 51%, said the transaction "appears to be structured in a way that would not trigger Albemarle's right of first refusal." (Reuters article)

[desertbarnacle]

yeah, I saw that, there might be a fight over the 25%, but if ALB really wanted it it would seem easier to sit down with Trinqi (spelling incorrect) and just buy it.  Have several years ago that Greenbushes was nearing a time when lay backs of the non minerlized walls of the pit was going to be needed.  It is a deep, slot pit, maybe will go to underground at some point,  In any

[yakattack]

Agreed. Let's see what the rest of the month brings around. 

[Lithiumbagger]

The estimate: https://ibb.co/z7vvWbT From this estimate from 2015, it says greenbushes holds 8.4 Mt LCE, but most probably expanded now. Also the deal includes 49% in a hydroxide plant. Either way, simplifying things, let's say they pay US$1 billion for the resource and US$0.4 billion for the hydroxide plant, that means  8.4 Mt LCE is worth US$4B Same valuation per tonne would put CYP

[kspiker]

I have never been invested in something before where the goods are actually there in the ground and the market just does not believe them.  I have had stocks run way up on pure speculation only to find out they had nothing.  I am getting a little tired on managment just having their heads down testing testing testing......lets do something to promote what we have to gain the interest we

[kspiker]

They might have shareholders interests in mind for their end game/goal but sure don't seem to care about trying to keep existing ones or attract new ones

[GoalLine18]

Have to set a date or minimum share price you are willing to sell for without any news.  I picked my date.  At that point without significant movement or announcements, my money can be better served elsewhere