Can understand those sceptical following last years CR. Trust is a two way street. After a tough year for most of 2022 they've raised the SP with a little help to a less dilutive position. Still scars exist in order to swallow the medicine this time around. Understandable.
I can only add as the evidence presents for this CR. As WTT has provided along with updates as far back as January, to even as close as last week from HQ; Some proportionally high value sweeteners are set to follow. The company needs to act fast. Hence what they've delivered in 18 months date re. Battery grade and the need to position itself for IRA rebates and OTakes from OEM'S all rushing to get into position.
JB is shrewd enough to run the company on the sniff of an oily rag to keep dilution low. That's had its ramifications most certainly. Yet still the company sits well positioned to take advantage of some serious entitlements re. IRA that need to be set into action asap. It's a balancing act in that he's made it quite clear whats been a priority for some time...and that's battery-grade production.
Rather difficult for JB to not be answerable as far as timelines stated for 2022 concerned. DFS, OT and finance news due by Xmas...
Will judge by outcomes re delivery of above.
E25 Price at posting:
$1.44 Sentiment: Buy Disclosure: Held
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