Oh dear... A possible takeover pump by the company without a...

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02/11/18

22:45

Post #: 36375703
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Originally posted by drifta ↑

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

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Oh dear...

A possible takeover pump by the company without a proven resource?

Thats poor.

JDR Price at posting: 1.0¢ Sentiment: Hold Disclosure: Not Held
4 Upvote

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Add JDR (ASX) to my watchlist

Oh dear... A possible takeover pump by the company without a...

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