The competing interests of buyer vs seller exist in any market, at any time. That’s nothing new and not unique to us or now.
What part of a deal may be linked to “the current lithium price”…?
I doubt that we would, for example, accept a price cap, knowing now how volatile the pricing can be.
I also doubt that we would lock in specific pricing, now, for supply from an expansion that is years away.
As I said earlier, we are not put “on hold” by not having a deal in place. We have a circa 200-strong team at Puna that can keep momentum regardless, even if that requires intermediate raising of funds.
We are NOT at all in the position of say a company like LPI was, iirc. where they had permits and a DFS (and a cracker resource btw), yet effectively couldn’t and didn’t do anything for years because they were in an “all or nothing” predicament.
Imo
Dyor
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