There is definitely something brewing with regards to RioTinto and takeover of JDR in my opinion.
Of course the director cant and won't say anything of this in a asx imposed speeding ticket, but stay tuned. Plenty more on this situation to play out. The 1.2 line was eaten all day, which means we have a big big buyer taking all weak hands thatt bought Monday.
I think this will be back to 1.5c tomorrow and then into the 2 cents range by weeks end.
Sitting at cash backing with this kind of takeover rumour mentioned by JDR director from RioTinto.
Best placed lithium junior on the asx in my opinion.
drifta