Starting to think Chris Ellison quite likes the offtake that is in place, IF the IER is based on that offtake.
He is thinking long term and knows he does not want to sign a new offtake agreement now when there is a bit of a slump. He will provide the thugs with cheap lithium until their contract runs out, as the IER based on that would value A40 at peanuts now. Why would he pay for Bald Hill what it is really worth, take a bit of a knock now but at least get the mine for nothing...
I HAVE ZERO KNOWLEDGE OF HOW AN IER WORKS, but firmly believe we should not hope that the IER will bring any hope...
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Starting to think Chris Ellison quite likes the offtake that is...
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