Would need to realize the opportunity cost between the two options, which you clearly have stated may be higher for POSCO's technology to be implemented in Canada.
POSCO is cash strapped and with decades of experience including the failure of DAEWOO, in 2000's.
So POSCO knows it better if the lemon is worth the squeeze or not.
And it is big and holds a reputation now to directly partner with us.
Our BOD's resume is not very impressive that a company like POSCO will directly partner with SYA.
Maybe that's the reason why we need a mediator such as PLL/KP to be a middleman to deal with LG and Tesla.
Also, I believe that the carbonate plant will now eventuate as a result of low spodumene spot sale price.
Read the following from PLL quarterly:
KP AND SYA DO NOT HAVE ANY OTHER OPTION
General Discussion Topics, page-127157
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