Are we a takeover target? And its implications?

A lot of speculation of us being a takeover target at this time!

Do we tick the right boxes for being such a target:

• undervalued share price = yes 
• Lithium producer with opportunity for scale = yes
• Good quality resource = yes (however Lom is short and requires additional funds to drill out)
• Any synergy with some of the big lithium plays that would add value = uncertain (would suit others within close proximity, those with refineries which convert to hydroxide and who need additional supply)
• High standard of production = uncertain (still ramping up, plant upgrades, sufficient water resource when plant upgrades increase production capacity?)
• Would the shareholders and BOD accept a buyout offer = uncertain (if the price is right? What would you be happy with?)

What would the impact be for us shareholders:

• Agreed sale price as a premium% above sp (hopefully we make a profit or at least break even)
• Possible risk of sp manipulation as BOD choose to look after themselves first, in takeover negotiation (Let me rather not comment)
• Get paid out in shares from new company with dilution (likely scenario imo)