Lithium & The Future, page-1582

Joseph kind of does allude to AJM being on his list. He suggests that undervalued companies and assets would be targets for acquisition by the chemical/fertiliser giants. Compared to its ASX peers, AJM is arguably undervalued. Should it be acquired for fair value, that would necessarily force a re-rating (downwards?) of its similar-project-stage peers. No one seriously values these assets based on "contained metal". Also, brownie and board are more likely to be receptive to potential suitors. Others may be a little too proud.

Lesson #1 there is no pride in minor metals.