OTCQX:SREMF - Post by User
Post by
Oregonduckon Mar 18, 2015 1:05pm
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Post# 23534360
Forget SQM buying RBI's Assets
Forget SQM buying RBI's AssetsSQM of Chile (NYSE) - the largest iodine maker and the 2nd largest Li producer in the world - saw its stock plunged today due to a political scandal. Its CEO has resigned. Canadian Potash (POT) has a major stake in SQM and its 3 directors on that board have also resigned. SQM is one of the logical bidders for RBI's assets and is now likely gone.