Ann: Change in substantial holding, page-74

laugh if you will - as they still have a market capitalization as at today's low of 3.84 times that of AJM. And say what you like , in market conditions such as these , it is most likely we will be seeing more ' Script ' bids than perhaps straight out cash. And besides why not make a play for AJM - with when the latest net asset backing has been disclosed as at 31st December per below .......

So whoever it ends up being has to only jettison the current debt arrangements and they're off to the races. In this market Growth by ' Acquisition ' makes more sense than endeavoring to obtain growth organically. Especially when there is much more Capex to outlay in these rather uncertain times. And I guess it would make more sense to ' pounce ' after we see what transpires in regards the ' fallout ' from the Canadian Lithium Industry. Doesn't hurt to be perhaps taking an initial stake though. Just imagine the overall effect on the entire Global Lithium landscape.....