Ann: Binding Transaction Implementation Deed with SQM, page-294

Only one largely buying at $3.50 is one Gina Rinehart who has accumulated 15pc, she will reach 20pc tomorrow and SQM will call the deal off and May perhaps proceed with the $3.50 , there is no upside to $3.50 just like there wasn’t any upside to $3 for LTR. Very clearly it is LTR 2.0 all over again as Gina is bend to keep the mines in Australian hands.,LTR holders could have sold to Gina and buy them back considerably cheaper when the deal is scuppered. The only reason AZS and LTR stood high when all other lithium stocks were hammered is because of M&A and as one can see, LTR price is no longer protected in the absence of an impending deal. Shareholders think too far ahead when the cherry is for the taking at this opportune time. If the deal is scuppered, I strongly believe the price would collapse similar to LTR and holders who had sold earlier could buy them back.