EUR Chart, page-115

Hi @Bluegoose, no I don't agree with Tony. We all know his excitement gets the best of him. He is hopeful - nothing wrong with that.

My initial forecast is end of May/June. The reason for this is many but the crux of it is "Due Process".

Now having an announcement to secure a binding agreement with Obeikan, I am of the opinion that the listing on Nasdaq and therefore completion of merger / IPO of CRML is end of May 2023.

There are many reasons for this forecast:
- Buy back is best to happen now before re-rate
- I am of the opinion Obeikan will invest in CRML ($100M)
- Super 8K not yet filed (waiting on SEC staff)
- Sufficient notice to market/shareholders/stakeholders
- It takes time to negotiate JV (but since it's the Saudis my office's forecast is actually aggressive)

There are other reasons I can't or won't say. But second half of May not first half. And only because Tony released a statement saying Obeikan JV will happen before 31/May/2023 (assuming it can be trusted). Otherwise I'd be more comfortable with a June forecast.

Hope this helps.