RE: Weardale Lithium £1billion valuation, MAC has 8%, that's £80m for Mac28 Jan 2026 13:32
My point potential2rise is that Weardale and Marechale were bandying that valuation about last February when they gained permission from the local council to go ahead and develop the demonstration plant, and since when lithium carbonate prices have increased by about 125%! I think that interview was filmed longer ago than two months back, as I first saw it ages ago. I think the current valuation has to be far more, unless they were being hugely optimistic when they first mentioned £1bn.
Complete buyout for £20m would be a basement bargain but I feel we will not have much choice but to accept as most of the shares here are held by just a handful of stakeholders