Anyone care to share their thoughts on this possibly happening?
One would assume we need to reach the Stage 2 milestone (77.5% earn-in @ Rincon JV) before it could unfold but given that is becoming more and more realistic each day, AGY could be a very attractive proposition for a pure hard rock play such as KDR / PLS / BGS / MIN etc who need to consider their long-term game plan and maybe look to spread their risk given LCE prices will most likely cool off some time down the track.
Big players such as Tianqi & Albemarle have their fingers in both pies... Galaxy being the biggest ASX Li Co (MCap) is cashed up and about to begin pilot works at their 'world-class' SDV brine project.
So I am a tad curious to know whether these other small to mid-tier yet to be fully-funded pure hard rock players are thinking about it?? They would be very naive not to even discuss it at board level, subsequently have a bit of a sniff around to see who they might want to acquire and at the same time they can shake the explorer tag and get on with being a Li producer a bit quicker.
With AGY's China connection and technical team led by our own Li brine guru / "El Capitan" in PA, it would be a good move by a PLS / KDR et al to take a close look at an up n coming junior like AGY, forging ahead with its 'fast-track' to Li production and snap it up before the horse has bolted...
Potentially a merger with another ASX company could play out well for both parties…
Alternatively, we could see a complete take over by a Chinese firm / battery maker ?? I doubt Jerko is going to go for that but anything up to 49% could be up for grabs…
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