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They will surely reject the first offer.
£2 is optimistic from Chinese suitor, but my guess they will hold out for £1+

Tesla announcing a clay resource investment in Nevada at their Q3 earnings call, has made clay resources much more interesting.

UK energy supplier Octopus, have just released a tariff with an overnight tariff of 5p per Kwh.
An average EV does approx 4 miles per Kwh, so 1.25p per mile.
So say petrol is £5.60 a gallon, equivalent 450 mpg!
£80 tank of Hydrogen will give you about 400 miles, an EV will do 6,400 miles!!!
Hydrogen - 400 miles
Electric. - 6,400 miles
Hydrogen - Where do I fill up?
Electricity - Ubiquitous, I can even charge overnight at my house, and can choose 100% renewable supplier.
Mmmmm, which one?

In UK an energy supplier Octopus has released an electric tarriff of 5p per kwh between 12:30am - 4:30am, specifically designed for charging EV's overnight.
Currently the Avg EV (Nissan, Kia, Hyundai) does about 4 miles per Kwh, so works out to 1.25p per mile!!! That is about 10% cost of running Economical ice vehicle in fuel!!!
At £5.60 per gallon of petrol, the equivalent of 450 mpg!
Plus negligible maintenance.
Even at the standard tarriff of 13p per Kwh, 3.25p per mile, that is equivalent of 170 mpg.
What do you suppose will happen in Europe when people see those figures?
There was a mad scramble to buy a diesel to go from 30mpg to 45mpg.
What will happen when people realise they can go to equivalent of 450mpg???
Or worst case at standard tariff 170mpg!
Plus negligible maintenance.
VW will clean up when they come on stream with their mass production line up in 2020.

So we should see open tomorrow £1.10 👍 Of course the other interesting figure to look out for in the FS is the NPV. How many Billion 😉 Nice to see the re-rating, I have been buying since 2015 at 62p. The massive global interest in Lithium for the EV revolution and Battery storage could not have been better timed 🙏 GLTAH

Revenue will be biggest change. FS used $6k per tonne, contract price at least double now.

Yes, been buying BCN since July 2015 at 62p, Avg now around 75p. Global Lithium demand really starting to kick in now and will only get stronger. The estimates for EV and battery storage exponential. Offtake deal sealed with Hanwa at market prices!

I think a speeding ticket is in order here! The breakout boys are coming. £1 tomorrow?

FOMO is kicking in now!

Should see £1+ before DFS imo