Just like to throw the thought of a possible takeover out there....

Just like to throw the thought of a possible takeover out there.

As you may or may not know, Chris Ellison (Mineral Resources) has a love for lithium and is already well and truly cuddled up in bed with Albemarle.
"Ellison himself has described 2019 as looking like the most important year in MinRes history. But while execution will be the focus, Ellison is unlikely to stop doing deals anytime soon."

As I've spruiked earlier, A40 is ripe for the picking, given it's in production, with a quality product and a very low SP.
With a current market cap around $330m this also fits within MinRes, historical targeted range, for a takeover.

Also, having been involved with other stocks where MinRes has made a takeover bid, stocks are in a trading halt for an extended period of time, with extensions applied. Just as we are seeing right now....

As minority shareholders at around 17.5% and the remainder of shares held by the top 20 holders, anything is possible.

What scares me, if this was to play out, MinRes are well known for their low ball offers.....

We live in interesting times, so, we standby and see what unfolds!

All in my opinion.

As always, do your own research.