I still think RIO could raid the petty cash tin, and make a bid for PLS and pick up the LRS Colina assets too.
It's looking for Lithium in Brazil, so Colina at close to 100 MT, fits the bill.
PLS is half its market value when it was above $5.
It will have a producer and developer, and leverage itself to the Li price recovery in the next few years.
Sounds like a no brainer to maximise RIO shareholder value.
I still think RIO could raid the petty cash tin, and make a bid...
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