RIO $ 6.7 billion / GM $ 1 billion / Bidding War for NILIRio's investment of $ 6.7 billion into lithium followed up by GM'S
$1 billion investment into LAC has ignited a fire in the merger and acquistion field.
NILI is the subject of a possible BIDDING WAR. At end of October this bidding war will only intensify when NILI presents to MAJORS in Austrialia.
Soon the hand of NILI will get stronger as American Lithium pumps $ 7.3 million its coffers by exercising the 55 cents warrants.
So what is EVOLUTION MINING goind to do? They get first shot. Are they going to call another poker card or fold? Will a MAJOR approach American Lithium with a deal which also gives it 20% of NILI?
With another car manufacturer panic, seeing that GM invested $1 billion into LAC and, move ahead with a buyout of NILI?
Will Tesla have the patience to wait while others can get the NILI prize with a buyout?
I am certain that NILI has received interest from several parties, each with their own particular deal.
Will a hedge fund approach NILI knowing that they can make a fortune by buying and reselling the company to a MAJOR?
All I know is that money talks so $ 6,7 billion + $ 1 billion is $ 7.7 billion has gone into lithium in last 7 days.
PS: Have you noticed that volume is surging and +/- 5 million shares were purchased of NILI in 3 days.... 3 is a trend, right....elephants cannot hide.....
BLACKOUT PERIOD continues
Stay tuned,
Good Luck,