“We’re seeing incoming interest from all over the world at the moment, especially China who’ve driven the price down.
“They are now aggressively trying to take advantage of these low prices, chasing lithium companies since December and January looking for deals.”
Yet these guys choose to sell out for the first offer that comes along at the very bottom of the cycle, and then try to sell it to us as some kind of great deal. As I said our best chance from here is for someone else to realise the ridiculousness of this deal and lob a counterbid.
Ann: Sale of Solaroz Lithium Project for A$97 Million, page-140
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