Having said that, I don't think an existing producer will be looking to acquire with the intention of blending product, but the fact is S32 is going to have a huge hole in their largest portfolio. MRL are big on the battery space as well as a few others. AND this is currently hugely undervalued if the PFS is to be believed.
Ann: PFS Highlights Robust, Short Lead Time Start-up Opportunity, page-190
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