Running discussion on SP, page-28637

Thanks for your reply@Scarpa

I agree that the price of Lithium Spodumene needs to rise for a lot of current miners and explorers to be viable/profitable.

I guess what I'm saying is surely it's a given that the price will rise at some stage in the near future. There will be some pretty large demand coming on line shortly.

Why don't one of the Big Dogs like BHP, RIO or FMG get hold of one of these Cos I mentioned above? Why are they waiting? Do they think the can pick up an operational lithium spodumene mine even cheaper in the future due to current Balance Sheet/Profitability issues?

"In arising spodumene price 'tomorrow' market we would be at a different point SP wise especially."

That's exactly why I don't know why they are waiting. These Big Cos plan decades ahead.

Just mulling it over. It just surprises me that there isn't more takeover offers.

All the best.