Good News & Bad News, page-29440

Ok, so the US debt ceiling is now a done deal. Now we await the ramification of circa $700 billion in US treasury bills sucking liquidity out of the broader market, along with resultant further stress on the smaller US banking system. Thus, one assumes this will have a further negative effect on the credit market, making it even harder than it already is for lithium miners in development to source finance (other than punitive credit raisings) and some/many will go to the wall - enter the big fish to gobble them up.
With all that said, the above dynamic, may present some splendid TO/M&A opportunities at bargain basement prices for the few big lithium operators, like PLS holding buckets of cash. IMO we could see a step-up of TO consolidation by the big lithium players in the next few years, and the game is afoot.