personally speaking I think we are going to be bought out on the...

personally speaking I think we are going to be bought out on the cheap and swallowed by a whale. Things are getting tight at PLL and I'd be very surprised if there is not active discussions already with interested parties. we have about 4 quarters of cash flow left (assuming burning - $10m per quarter) $200 loss per tonne - 50,000 tonnes per quarter. We can slow this down or moderate production to halve this to conserve cash burn, but fixed costs are circa $3-4m per quarter. I would only be serving the Tesla agreement at this stage and eliminate all exploration costs. I don't care what rebates there are- we need grants and upfront grants.

We have no debt, a long life asset (fully operational now) and in an excellent location. What will the price be and who will it be ? Will some of that spare cash come to us now in the form of grants through Canada:US bilateral trade agreement. I hope so- I don't want to be bought out in the cheap.