As CE has said previously, that strategic is not so much interested in the price of lithium today, but the guarantee of supply from a tier 1 jurisdiction in the years ahead. etc. This is relevant to the probability that the strategics they are talking with, to make a deal in the months ahead.
In the climate where many others are in survival mode, we have the cards to make a corporate deal to potentially set us up, and while there are those who capitulate to the emotion of the tides ebb, they forgo the bet that sets us apart. Buyers, accumulators are taking that bet from sellers who depart with their emotions. It may seem to the lost, an endless winter, but counter cyclical corporate deals do occur. And the company has stated they are in the middle of that, with more site visits to follow up.
WR1 Price at posting:
28.3¢ Sentiment: Buy Disclosure: Held
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