News: ESS Tianqi Lithium Terminates Plan Of Acquiring Essential Metals, page-124

Timing might work out for them to wait. However, it is a brave assumption that nothing will change in that time. With the stroke of a pen a suitor(other than MIN) who wants offtake could do a deal that would cut out MIN. There is also the factor of what happens with the Spod pricing in the intervening period. Macquarie and UBS are bullish on lithium pricing outlook...(the latter appearing on the register too), while there are others sitting on the fence or bearish. Long term I don't think there is much support for weak prices despite the conservative forecasters using a reversion to mean price assumption which really defies logic IMO.

If MIN gets a board seat it would put them in the box seat to have a bit each way that would forewarn them of any deals....hopefully not!

regards
DF