We'll have to see - completely dependent if JZ isn't giving us his usual bs and the lithium price is indeed the reason why they've gone into C&M, and not because that they've realised it will cost millions more to get the 2ktpa plant running to spec (or more importantly, if able to at all).
Fundamentally, there's just no value here as they won't be able to fund the next stage and they won't have engineering plans for the 10ktpa that work to spec. Quite a predicament.
But as I've maintained for a while now, this will be a traders playground for a long time, especially on any sniff of "progress" let's call it.
In other news, I'm quite deep in a particular antimony/gold stock that's already gained 100% in the last two days and over 3x since May. Not advice, but China just banned antimony exports - I would be on the lookout for a decent stock in that sector. Lithium hype is dead for now.
GLTA
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