Political risk has improved due to agreement in progress to share several governor positions. A risk of using metallic anode was floated, but it causes fires and it would be unwise for electric car companies to risk losing customer confidence. This may have frightened the big boys.
Yesterday, Tesla made a major announcement on a faster car with longer range using today's battery composition and this will spur competition to get cars to market. This is the major growth opportunity beyond traditional use of carbonate.
CEO will speak as at a conference in September and needs to clarify quality of Carbonate and progress on plant. To date company has said they are unaware of major threats from internal strife in Mozambique. This presentation will be critical to a leg up in price until S gets closer to mine operating.
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