Is a higher offer from a current "player"
I'm distinguishing other possible takeover offers from SQM which MUST increase the offer to take account of the drill results under the TO agreement which is still on foot as others point out.
Important to not overlook this key fact to underpin the SP.
Yes, I agree other players may sit back and not bother to take full control Iv;e said this myself many times, but my main issue is the agreement contains at least one key the drivers for SP increase.
It's not going to drift down to $1 I'm sure of that. Look at the key differences to LTR.
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