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tikotiko

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tikotiko

Re: None

Wednesday, 05/01/2019 8:46:00 PM

Wednesday, May 01, 2019 8:46:00 PM

Post# of 10481
Announcement of proposal to buy KDR (a non-producer) at 47% premium higher than its current SP.

https://wcsecure.weblink.com.au/pdf/KDR/02101840.pdf

The consolidation process for the lithium industry continues and we should see more. The big fish are starting to eat the minnows. I do realize that we should be protected from takeovers due to our partnership with Ganfeng.

KDR’s SP is up over 40% at the moment. It is possible that this announcement could help the SPs for other lithium companies and start changing the current negative sentiment about the sector. However, it is also true that many games will continue to be played to depress stocks for cheap takeovers.

LAC long!
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