Anglo American Rejects BHP Offer. These Other Buyers Could Now Emerge.

Liberty Star Uranium & Metals Corp.

Combining Classic Mineral Exploration with State of the Art Technology

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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valuepro

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Anglo American Rejects BHP Offer. These Other Buyers Could Now Emerge.

posted on Apr 26, 2024 10:09AM

https://finance.yahoo.com/m/dce8c3aa-33dc-3957-a2ca-9eceb0f537f5/anglo-american-rejects-bhp.html?siteid=yhoof2&yptr=yahoo

Depending on market conditions, major producers (and some mid-caps) go on a feeding frenzy. In the last few decades, they've focused on growth via acquisition over relying on their own exploration efforts. When metals prices rise, such as now, acquisitions boom, and the trend lasts as long as metals prices remain high - the same for some other commodities.

Yesterday's news about BHP wanting to acquire Anglo may be a sign that mining companies are again in the grip of such a cycle. If so, the usual summer doldrums regarding mining news may not be typical.

Let's see if BHP raises its bid or gets outbid by another. In any case, I think we wll be seeing a lot more of this.

Is it meaningful for LBSR at this point? Yes, because any news that shines a bright light on the mining sector will attract more retail investors to mining stocks at all levels.

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