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11/03/19
19:50
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Originally posted by dedication36:
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Those are very some attractive looking numbers!!!. A potential for multi bags here. Im still looking forward to that takeover at $2+ Since LCK have a good relationship with the CCCC and they are about to sign a HoA with LCK. Given CCCC history of buying international firms at premium prices, do you guys think they might do the same here with LCK? Currently China is running several UCG trials and projects in their own soil as well. But given LCK recent trial success through 5 years of hardworking, perhaps CCCC may be the one that offer the first bid.Australian company’s takeover by Chinese firm looking to buy Aecon is ‘a positive story’: CEO "Last week, CCCC launched a $1.45-billion (Canadian) offer for Aecon in a deal"
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The odds of LCK going into production if they are Chinese owned would blow out dramatically. The Chinese will always have to settle for a seat at the table at best on this project.