Q: Peter,
Can you give a bit more insight into CLQ as to why it would be a safe/risky investment. They are going to produce 20,000 tonnes of lithium carbonate with a first year EBITDA of $33M. TLH product mix was a bit different as they had more of the low margin lithium products compared to CLQ. If ROC or someone else comes in with a takeover offer what would be a reasonable offer? Also with the smooth production rampup in the next few weeks do you see a runup in price. Thanks
Can you give a bit more insight into CLQ as to why it would be a safe/risky investment. They are going to produce 20,000 tonnes of lithium carbonate with a first year EBITDA of $33M. TLH product mix was a bit different as they had more of the low margin lithium products compared to CLQ. If ROC or someone else comes in with a takeover offer what would be a reasonable offer? Also with the smooth production rampup in the next few weeks do you see a runup in price. Thanks