TSXV:LIT - Post Discussion
Post by
Analizer on Oct 09, 2024 9:34am
Just A Reminder !!!!!!
According to the terms of the deal, Stellantis will strategically invest USD $90 million in funding, resulting in new entity ALE, 19.9% owned by Stellantis, 80.1% by Argentina Lithium.
Resource and tech companies like to talk about inflows of “smart money”. But the “smart money” often exits before the retail investors. For Stellantis, there is only one winning position from its $90 million investment: Argentina Lithium becomes a producer.
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