"and everyone knows it"? Now that's the thing. It was a lock,...

"and everyone knows it"?

Now that's the thing. It was a lock, but there was enough uncertainty to allow downramping and panic-mongering misinformation.

One could understand the deal was a near-certainty while also understanding near enough was not good enough for many.

The situation has changed fundamentally. The sentiment around lithium has improved, and SDV is significantly de-risked.

And I think GXY may have something else up its sleeve in addition to the POSCO deal as we currently understand it. If the TH continues today, that's almost certainly the case.