SPOT ON CW POS aint selling LJ now imho, Its going to be a JV...

SPOT ON CW
POS aint selling LJ now imho,
Its going to be a JV with ownership retention & large cash funding plus tolling cut
way better terms for POS as I predicted.

its value has been shown in its Li NI finds plus production and MASSIVE MILL that can toll Li & Ni for the whole region, something the MINRES CEO even stated at the time.

MINRES MCap went straight UP $1,100M in 10 days after the LJ purchase was announced
the market valued LJ at $1,100M as MINRES had the cash ($1,400M) & staff and expertise to do the job and make it produce.

Remember, POS SP has boomed 3-5 MBers last 11 years when the market realised POS was going to start production or get offtake & get funding -
2014 BOOM on BS LJ purchases & Tsingshan offtake deal signed for BSwan
2013 BOOM on BHP offtake deal signed for W
2016 BOOM on Li discoveries & MOUs signed
2018 BOOM on BMM bid at 6.0c and large funding received
2021 BOOM on GS, DD build and funding/paying off ALL DEBT

now in 2024, MINRES paid $1M so next partner will pay way more imho
POS funding using LJ Li & MILL looks certain now.

The narrative has changed entirely now
Padleys one stock portfolio wasnt at 11.0c but at 0.50c looks like.