JDR 3.45% 3.0¢ jadar resources limited

RIO TINTO possible takeover target

  1. 2,162 Posts.
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      Personally i see a very real possibility that RIO will take over JDR for their Lithium deposits.
    Results due on field word any day now.
    This is the cheapest Lithium stock on the ASX , and i believe this will run strongly into these results.
    Trading indicates this is being held down for buying up .
    Brakes will be released and she will blow in my opinion.

    From their recent presentation
    :2 licences close to Rio Tinto’s world-class Jadarite discovery ,one of the world’s largest lithium deposits
    :Strategically placed for European manufacturers using lithium •  Tesla’s Gigafactory 1 alone requires entire current worldwide production of lithium ion batteries in latter half of this decade
 
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