I think it may have more to do with the recent commentary about how lithium will follow the history of iron ore ie. only the largest suppliers will survive. They biggest will thrive with the tiddlers being left by the wayside.
https://unauthorised investment advice/resources/riu-explorers-tony-rovira-says-the-giants-will-rule-the-lithium-game-and-azure-has-one-of-them/
That is a "st*ck head" article btw.
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