That'd make sense, Jason. If they forego Renard they will crush the SP and make any further CRs highly dilutive, so they really have little option but to push ahead and hope that the lithium price improves in the following 12 months before having to pay the next instalment. If they can get the cold C & M costs much lower and acquire some cash as foreshadowed in the recent update they have a possibility of successfully muddling though. A partner of sorts doesn't necessarily have to be acquired within the next few months, and it's certainly questionable if a poor deal for us just for the sake of getting one ASAP would be worth it. Of course, at the end of the day the lithium price has to rebound to a sustainable level for any development to take place at Adina but most pundits do see that happening eventually.
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