As I said the other day, alb and SQM still don’t have 100% ownership of a tier 1 hard rock in Australia
Both of them have 50% in tier 1 - greenbushes and Earl grey
Do both Alb and SQM want 100% ownership on a least one? The answer is Ltr and azs. Alb failed, and SQM will fail now- I think they’re not content on partial ownership even if they have controlling interest, assuming creasy sells sqm his stake, and Gina and CE owning the remaining chunk.
therefore, alb and SQM would be looking to takeover an early stage explorer with compelling tier 1 potential and they’d have to do it fast. It can’t be wc8 in tabba tabba. Neithe will it be DLi
My theory is They won’t go buying 20% anymore, they’d have to go 100% asap with breathtaking premium for the offer to work.
You have make your own guess what their most likely target is/are in the neighbourhood
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