You might be on to something Curiouser, I have heard on the grapevine (down on the terrace) that both RIO and Fortescue are looking out for Lithium investments.
I think other Big Australians will also now keep a close eye on the price that J&R may offer, and if it's a low ball offer, they may jump in - interesting times.
It's a good time for them to make an offer, Lithium getting smashed night after night in Canada on the TSX, and in other places. It will bounce back of course, this is just a (necessary, though unwanted) correction.
I'd rather start receiving offers though when AJM is over $1 a share.
Gw
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