For some reason you seem to be peddling worst case scenarios without realising binding commitments previously signed between AZS & SQM? There already exists a binding offtake agreement- why would SQM walk away from a LTR/KDM sized project when they’re committing ~$2Bn to construction & expansion of their WES JV Covalent plant! FIRB won’t flinch on an already proven reputable partner & SQM won’t walk away from a cheap as chips 20% investment in AZS + 25% production agreement. Therefore the only question is - Who blink’s first? Gina or SQM & shoots the lights out with a TO offer???
AIMUEO!
AZS Price at posting:
$3.49 Sentiment: Hold Disclosure: Held