For mine, time to reassess is post Renard PEA, potentially strategic. Would be clarity market needs.
until then market is accumulation bet on above, v sector sentiment.
What margin would there be in the current spod price ? should be revealed. Obviously not interstellar multiples when the spod price was soaring, but doesnt mean that there isnt a viable case to be presented either.
Otherwise, bets on getting positioned for lithium 3.0, with advanced permits. etc, readiness of low capex pathway.
Not transparent what is coming from Africa either. ? / Chinese substitution.
West still needs to provide its own independent supply chains.
WR1 General Discussion, page-31717
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