The competing interests of buyer vs seller exist in any market,...

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