AVZ's 60% share of resources:
- Lithium in ground value could be around $383b
- Tin in ground value could be around $17b
I'd be surprised if RIO is interested in acquiring AVZ because of its tin?
My main reason is RIO wouldn't like to invest in DRC.
SQM, is a diversity group, not just lithium, large organisation seems keen to acquire a stake in SQM, including recent rumour of SinoChem's potential investment of US$4b in a stake in SQM.
BHP was intended to acquire POT, luckily they didn't.
Anyway, not much related to AVZ.
AVZ, just needs to start drilling and define a JORC, then either develop with Chinese companies or sell the whole company...
Let's wait and see how big the Easter egg will be
All IMO & DYOR.
AVZ Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held