Tianqi paid USD$4.1b for 23.77% of SQM;
SQM, 50% of Earl Grey.
Will Tianqi encourage to buy more large/massive hard rock lithium deposit say at a fraction of USD$4.1b?
Sinochem is also a good one to discuss as they were interested in the USD$4B SQM stake.
AVZ's current market cap is A$128m or USD$88M for 240Mt @ 1.65% Li2O plus additional 240Mt - 360Mt exploration target.
USD$4.1b Vs USD$0.088b
Is that real?
DYOR.
AVZ Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held