If I were the head of an investment fund or a mining giant, I...

If I were the head of an investment fund or a mining giant, I would surely be looking at a takeover opportunity of this company.

Couple of very high level items that I would be considering -

- Favorable Lithium price
- Low cost production
- Profitable
- Expanding
- Support from one of the market leader (Toyota)
- Way undervalued share price.

Offering 30% premium at this stage would take the share price to $6.50 only which is within the price target of all the analysts.

Only issue is that - I don't hold the position to make this offer