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iky - I had the same thoughts myself yesterday but:
What could bring this SP back down? Failed JV - highly unlikely. Placing - highly unlikely (IMO)
What could take this SP up? More assay results - highly likely. Competed JV - highly likely. Extended exploration of EPO - highly likely.
Pros far far far outweigh the cons.
That was from lunchtime yesterday. And they have about as many followers as me. Its hardly revelationary stuff.
Hopefully the profit takers have gone and it won't crash today. If it does its not because some random account tweeted a 50/50 prediction.
He has the resource's potential and the lithium market's demand & price. So, if what he says is true - 12,13,14 entities expressing interest, then it seems he does hold some favourable cards.
Whether his position of small slice for high price remains attractive to any of the entities remains to be seen. Let's hope so.
D&C - it does sound like he is playing hard ball with any potential suitors.
States that he's only looking at a very small slice of the pie and that it will be priced for it's maximum potential and not for current value.