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$3.69 azure minerals limited

SQM is the only one who can takeover AZS.ALB? SQM will block any...

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FD20

1,131 Posts.

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09/09/23

16:30

Post #: 69796852
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Originally posted by calmbeforestorm: ↑

The best part of that article was this sentence at the end, and if that playbook comes to pass then it does have, as you suggest, big ramifications for AZS, with the potential of an “enormous” resource as Tony is suggesting. I just hope the big boys leave AZS alone for as long as possible so AZS shareholders benefit greatly - with Creasy holding close to 50% of the Andover project I am confident the best value will be extracted for us shareholders (Creasy is not in the same league as Hancock and others).

”The accelerating activity in WA lithium looks like the playbook of the first iron ore boom in the Noughties, where the industry consolidated around key players with the best resources.”

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SQM is the only one who can takeover AZS.

ALB? SQM will block any bid. Same goes with PLS, MIN or any other wanna be. They’ll be blocked by SQM’s holding.

If Gina is actually planning a takeover of LTR even with $18b it might be a stretch to bid enough for AZS that even SQM will accept it.

My concern is the diminishing increase to the share price as the resource increases. A but like CHN increase to the resource is met with a yawn by the market.

AZS Price at posting: $2.83 Sentiment: Hold Disclosure: Held
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