Ann: Exceptional Metallurgical Test work Results from Adina, page-68

I would not be surprised if a OEM takeover was around the $3.50-$4.00-$5.00 post poe 100mt + PEA.

If that bet plays out, its not years to wait.

I mean, the indicated for the metallurgy, the recoveries, and the scope of the DMS capex, opex, to IRR payback would all be in hand. And CE has said many a strategic are wanting but they keep holding the door closed for now. Until the fruit on the tree is ripe. What happens to the confidence of the stock, when that strategic is let in ? The sp momentum ? Does anticipation of that, prior, precipitate one of the competing Strategics to acquire the whole cow before hand?

Do you think that an OEM who wants guarantee of supply really cares about the point in the lithium price cycle ? or rather security is more important ?

Of course they could wait until the next cycle high, with the tide fully in, with the music playing the loudest, and they would have to really pay a premium. Just like the LTR $6 plus Billion takeover offer was at the height of the last cycle. Or as a OEM, vehicle / storage / battery maker, etc, think smart and try to get the best up and coming developer at scale, without any significant road blocks in its way ?

So 140m mc today.
What is the OEM takeover price ?
What is the opportunistic M&A takeover price ? ( less than the OEM price, attempting to scoop weak hands)
What is the forward dividend yield drive price ? (forward looking as when in advanced development and can no longer be ignored by the market)

What is the probability, that we tick all boxes to cruise through the development window, and accessed as such by predator.?

Compare that to other lithium stocks with their fractured layered high strip, vertical deep questionable deposits, and some in spears at 10 paces at risk jurisdictions ?
Where is the money flow going to funnel? when it realises who the real leader of the pack is ?
With no China war Taiwan - Australia / USA risk.

Gamble wisely. The casino is always trying to take your better hands and offer you under par for it, while it sometimes parades the goats as if they were sheep.

Not investment advice.