“I'd hazard a guess that they have had the invite for many, many months and have been waiting for this catalyst before taking up discussing offers and futures.”
I agree.
Negotiating from a position of having the upper hand (ie a product in demand, a clear pathway to production that has been rapidly brought forward, and the opportunity to be the Market leader in Qebec) just means that whatever is negotiated will be extremely favourable to shareholders.
Plus a strong cash balance right now is also a big benefit in negotiating in the current lithium market.
CE knew exactly what he was doing with that last credit raise, when many of us here might have been scratching our heads.
The sign of a great CEO who is interested in shareholders long term returns, and not just short term spikes.
He also very much understates things that are in the pipeline.
So when CE says he is going to Japan & Korea to discuss business, I hear that as “… hold my beer and watch this space!…
DYOR
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