Lithium Related Media Articles, page-18268

If he’d said no to their best and final offer there’d be nothing supporting the SP above $2.50, it could drop like a rock. By recommending it to shareholders they’ve put a floor under it at $3, all the while getting ever closer to production. Everything at the moment is non-binding, as far as I know there’s nothing stopping the board using ALB’s bid to their own advantage and changing their mind on the SOA, having it fail the IER or be blocked by a 25% stake. On the other hand, they might be being straight up and down being perfectly happy with $3. All just me wildly speculating, any resemblance to reality is purely coincidental.