In regards to offtake price - contract prices are still well north of $20k it wont be spot unless for lack of a partner and desperation.
That's still around the $1 range in this conservative climate.
In regards to GLN - it isn't in a good space.
>100% increase in royalties for a mou of support on the proviso of supplying feed to the local gov facility plus sucked into a salar combined EIA by the gov.
Wish them luck but it's a heavy socialist province. Who's to say they won't force them to supply more feed to the local gov facility under the muscle of royalties.
imo
dyor
Ann: Rincon Lithium Project - EIA Approval Granted, page-157
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