i'm no charter/TA/trader etc, but i'm going to throw it out there with no proof that, given how illiquid this stock is, maybe someone in the wider world's lithium product chain is starting their accumulation.
is my comment a blatant ramp- you betcha.
toyota (i know "they don't want lithium"), honda, the american battery consortium, someone big is gonna lob in before the other 'someone big's- to secure supply in a few years of a strategic asset (and a big weak point in their supply chain if they develop the best battery but can't get enough lithium or enough without extortion prices). they can do spodumene or salars (ORE holders biased there obviously). salars mean paying top dollar for SQM or trying to buy ORE on the QT (rincon now private, right? and good luck getting majority of anything in china or bolivia).
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i'm no charter/TA/trader etc, but i'm going to throw it out...
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