Short Term Trading Weekend Lounge: 2-4 Nov, page-10

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

Hi Guys JDR, heads up on a possible 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/