Bought another 1080 Lac here at 5.30. After a short recalculation, I don't think it would be appropriate for a company with reasonable cash holdings, and a potential to deliver an annual profit of at least USD 0.4 billion annually just for the CO project. In addition, an early approval of Thacker does not lie here until January 2023. This together with a visibility of value in the various companies in the event of a split during 2023.

All this has a market value of USD 3.2bn? My best guess for a valuation is well over USD10 billion. , and in the short run a 50% increase. We are not in an uptrend, but I take the chance that the market value is so low that a bid for the entire Lac is not unlikely.

See a comparison with Musk's purchase of Twitter at 44 billion. where he gets a platform which from year to year can become worthless. Lac has huge values just waiting to be activated.

At the current price, buy before your neighbor. The safe bottom is at 22, but I dare not wait for that.