Are you JOKING. Why would you want to lock into prices for any longer in a market that is going to explode over the next few years. You only lock in or hedge in a market that you feel may decline, there will be NO decline here. I have been in the automotive industry for over 35 years, many of them with Toyota. You will see manufacturers like Toyota seeking supply agreements directly as this resource struggles to keep up with the demand over the next 20 years.
This announcement is the first of 3 announcements that is needed to set this thing on fire. The second will be the quarterly financials, the third will be the agreement to move forward with stage 2 and finance in place to support that.
This is long term, anybody that sells now is an IDIOT. Financials cannot be ignored, the financials this thing will be producing when fully firing will support a SP of well over $1.
The down ramper's and the shorter's have had their fun and made a fortune, good luck to them, time for the LT investors in a quality company to have the last and longest laugh!
