No reason to expect it finished in May, as per the latest update in the March quarterly they expect to finalise in the June Quarter which could mean anytime between now and the end of June, there is no guarantee on that either just a good likelyhood....
Cheers Whisky
"With PosLX technology, POSCO has been able to demonstrate the production of a very high purity lithium hydroxide which is expected to be highly sought after by South Korean battery manufacturers. Prior to Pilbara Minerals’ Board making a final investment decision regarding its full participation in the DJV, there are still several outstanding conditions that will need to be satisfied. These conditions include completion of further due diligence on the proposed chemical conversion plant, financing, and finalisation of the final binding joint venture and technology licensing terms consistent with key commercial principles previously agreed between the parties. Once complete, these matters will be put to Pilbara Minerals’ Board for a final decision and commitment to the joint development during the June 2019 Quarter."
re:Lithium demand surge, page-2262
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