Tianqo offering 22% premium to buy a 24% stake in Chile Li producer.
Entire Li sector in rebound today, AVZ usually lags abit but moves hard when it does, GXY, PLS, ORE already in hard reversal.
Nothing like multibillion M&A activity to bring some confidence back into the sector.
http://www.*.com/r-exclusive-chinas...ake-in-chiles-sqm---sources-2018-5/?r=AU&IR=T
A similar 22% reversal for AVZ would easily see 20c back.
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