News: PNN Power Minerals Says Executes Binding Term Sheet With Summit For Incahuasi, page-2

It's a very great move by Mena but the market sees this as a bit of an Argentinian cordial.
How much dilution will there be for PNN sharholders is the ultimate key and as far as Incahasi is concerned, we already know.
What the market needs to take into account is the money Summit brings and the background. They do have very impressive backers
but the market wants to see certainty in this new DLE process, potentially the best out there. How that leaves Sunresin and china X is
another story that the Board has to explain in the near future. The lithium is there no question, how much will it cost and how much is left
for PNN is the key but based on the numbers from a while ago, it's a very impressive return on investment.
Simply the timing is not right as we speak in this lithium sector and that's why we didn't perk up today. Interestingly someone mentioned
a week ago that even Anson didn't go up after signing a binding offtake. Now this is a tough market.