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
JDR Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
