Exactly, and that's why they want to pick up assets as cheaply...

Exactly, and that's why they want to pick up assets as cheaply as possible.

"It would be in MIN's interest to grind down the DLI SP as far as possible before making a take over offer."

Note that I didn't say MIN were doing this, just it's" in their interest."

If the other large lithium shareholders are strapped for cash and are therefore divesting themselves of DLI, that conveniently plays into MIN's hands for an even cheaper takeover to capitalise on when the lithium price recovers. They've shown an ability to make the most of this in the past and I fully expect them to do so again. The last time lithium dropped badly they quickly stockpiled spod, put Wodgina in C and M until the price improved and relied on iron ore to take up the slack. The big fish almost always wins.