I think theres a few people looking to sell into this strenght, they have now sold their fines for LOM which most people expected to happen, they havent been able to get bank finance so far as the other 50-70% of product is unsold or not under offtake is my understanding. hopefully Posco helps get some debt funding across the line but doubt this rallies far with dilution and risk.
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Ann: Black Rock Signs Offtake and Investment MOU with POSCO, page-12
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