Hi @Sally_WillI am a shareholder in AUZ, thus can comment on...

Hi @Sally_Will
I am a shareholder in AUZ, thus can comment on this topic, this is my opinion.
I have been saying for some time now that all is not well with our peer and the supply arrangement with SK Innovation.
The formalization of the SK / AUZ deal has taken too long, SK have had a free ride with no financial commitment to AUZ, effectively the deal struck was one sided to lock the resource up so that no one else can have it, while SK explore their options reviewing the battery technology progress and winning cathode formulation effectively buying time. This was very smart for SK, the management at AUZ were fools for signing up to such a NO WIN deal IMO.
Once again we find ourselves in AUZ at a make or break deadline on Monday.
On Monday SK can walk away from AUZ without reprisal, THANKS BUT NO THANKS.

Now onto ARL, I have felt for a long time now that SK would look at Ardea and find a much more attractive resource with a highly competent BOD.
We need to understand that SK look for long term, solid, respected partners in their business dealings. A billion dollars is nothing to SK.
SK are a FORTUNE 500 COMPANY, They are a 500 pound gorilla that is competitive, determined and South Korean. Recently 57th largest corporation in the world.
SK are not used to 2nd best, they strive for excellence and have the power to make that happen.
SK have massive commitments to delivering on the 3 GIGA battery plants either built or in construction, they will need battery materials and security of supply, there is only one way to secure this. If AUZ are not their perfect partner, who is ?.
SK have contract commitments to supply VW, BMW. Daimler and all their sub brands, they also have commitment to other automotive manufacturers, but these are the main ones I know about.

If we are dealing with SK, we need to stand our ground and not be overwhelmed with the size and scale of a 500 pound gorilla.
I have absolute trust in the BOD to deliver a deal that protects Ardea shareholders.
I have absolute trust that we will give nothing away without the necessary reciprocal commitment, upfront and unconditional.
If there are conditional requirements I fully expect tight deadlines and no free rides given.
I believe our BOD have personal experience in such deals and they also have the rear view optics of what happened with our peer, so are forewarned.

This information is my opinion, It makes sense to me.
We are in for an interesting time as ARL shareholders know, NOT LONG NOW IS MY PREDICTION.

If it looks like a Ferrari, sounds like a Ferrari and goes like a Ferrari, it is a Ferrari.
ARL may not be a Ferrari, but its like one and is on the starting block ready to perform like one. Ready, Stready --------------
RED