ADY 10.0% 1.1¢ admiralty resources nl.

why not sqm

  1. 414 Posts.
    First a thought.

    In rare earths, the Chinese have had a near monoply. Arafura Resources a Australian company was expected to be one of 2 Aussie companies to break that monoply. It was recently announced that they will work WITH the Chinese. This is a win win in keeping the price of Rare earths up.

    If ADY is sold to Charge or someone else it means competition to SQM. If an agreement can be done with SQM to market our Lithium JV RLL then (and finance us) then the price of Lithium will stay higher and both ADY and SQM are winners. ARU had the sense to do so, why not ADY-SQM?

 
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