I am waiting minimum 50c to come.
I don't Chinese companies started a bidding war yet, but likely I guess.
Before lithium boom, TianQi was competing with Rockwood for Talison (Greenbushes 6.1Mt LCE) in 2012.
Now lithium price is up +300% since 2012, AVZ's shared exploration targeted lithium resource, is about 19.7Mt (mid figure), more than three times of Greenhouses.
China imported 76% lithium in 2015, where are they going to find out more lithium supply?
DYOR.
Enjoy the upcoming rideimo.
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