To answer your second part of your question bellow is an extract from Wikipedia describes his earlier success in small caps. Tony is certainly capable of signing a good deal. The fact that they haven’t rushed in for off take agreements and patiently watched the price of Lithium go up in multiples speaks volumes.
”In 1997 Sage formed the consulting firm Okewood Pty Ltd to finance and manage mining and exploration companies in Australia and overseas. Sage came to corporate prominence in 2008, when he sold a magnetiteproject called Mt Anketell to the Metallurgical Corporation of China for $400 million after buying it 18 months earlier for just $20m. In 2009 he asset flipped CopperCo from receivership and after converting its debt to equity, sold the CopperCo assets for approximately $300m. The sale of African Iron Ltd to Exarro for approximately $375m took place in 2012.[1]”
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