GR has a new contract to export Li to India. She has set up a new company to expand her business into metals other than steel. She has stayed under the 19% that would allow SQM to walk away. If you believe the release on her website she has bought in with the aim of getting AZS through to mining (and I’m sure gaining herself a favourable offtake agreement). She has paid a price to get in that the entire board of AZS has already stated is a very good price.
If you were planning on being in for the long haul like me and take what little facts we have on face value I see this as a positive
All in my very uneducated opinion
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