JDR 3.45% 3.0¢ jadar resources limited

Why ASX battery metals juniors are prime takeover targets for...

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    Why ASX battery metals juniors are prime takeover targets for the majors
    Resources
    10 hours agoNovember 2, 2018 | Angela East

    Hi holders, we may witness a big move in JDR share price this coming week after talk by management today of a potential take over by RIO Tinto due to JDR extremely close proximity to RIO Tintos giant JADAR lithium deposit

    "Jadar has a lithium project in Serbia right next door to one of the world’s largest miners — Rio Tinto (ASX:RIO).
    In September last year, Jadar struck a deal to acquire five lithium-prospective exploration licences in Serbia, two of which are located near Rio Tinto’s Jadar lithium project.
    The projects are considered prospective for lithium and other pegmatite hosted minerals, including jadarite — which contains both lithium and borate
    Jadar chairman Luke Martino told * the location of the company’s project potentially makes it a prime target for Rio Tinto."

    https://unauthorised investment advice/resources/...rs-are-prime-takeover-targets-for-the-majors/

    Certainly i will be buying a lot more at this level. $3.4Mil in the bank and 340Million shares on issue with some very exciting nearology Lithium deposits. I think Lithium is about to heat up again, and JDR is primed in my opinion from a very low base pt the moment.
    drifta
    Last edited by drifta: 02/11/18
 
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