Hi guys, I think one of our posters mentioned an important Chinese shareholder meeting on the 23rd Feb so lets watch what happens after then . It might lead to more action in that quarter. If so I am sure the mood will change as our Chinese colleagues do have a lot of skin in this game.
We might even see comments like the one I just saw on TLG HC ... "One thing I was super happy with in that podcast, right at the end he talks about being super careful locking in prices now. I've seen other companies already do fixed price multi-year contracts for the majority of their battery materials, which seems silly given you would expect prices of materials to rise from today's prices given the expected surge in demand. It sounds like he would only lock in what's necessary to potentially secure funding for the project and keeping the rest at floating prices. Brilliant! "
As only 50% of TON planned production is committed in MOUs wouldn't it be ironic if that suddenly became true for TON. Then what would the naysayers would say ...?
TON Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
