Your few hours research missed the part where they have off take agreements which have ceiling and floor pricing factored in, made back in 2022 when prices were sky high.
This project is the only one in my entire portfolio I have zero worries about. When you have a government backing you out of necessity (energy is a massive thing in Germany right now) it is hard to envisage how they cannot proceed to development. Germans are far more progressive than most other leading economies. Lithium being produced at the lowest end of the cost curve is an outstanding position to be in and before anyone can pipe up and say it is only theoretical; that is what the pilot plant was for, the engineering studies and the years of build up to this point. There is always inherit risks, but they’ve done their very best to reduce that risk and demonstrate the numbers are solid and therefore the project is exceptionally attractive for investors whom love certainty.
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