what is MIN end game here with DLI?, page-33

IMO MIN wants a position on the board - be hard to deny them that. So they can have access to info on off-take discussions.

Min also has taken a position on LIT to get early access to their proprietary and patented hard rock Li extraction process. (increase yield by 30% and for sale at 8% royalty)

OK, I see no good reason why a partnership with MIN is not good for us - go with the strength, I say.

However if they go over 19.9% holding they have to launch a T/O - and that would be very interesting. IMO they don't need to do that to get feed, but maybe swallow up one of our smaller on trend neighbours, or two.

Anyway - whatever happens there is going to be at least one major new lithium mine in Gascoyne area, and a lithium hungry mega factory in West Australia, or three.

Still early days here guys, even though Lithium is now Australia's second largest export - just overtook Gas in second place to Iron Ore.
So don't miss out.

IMO DYOR