RE: Lithium partner process10 Jan 2024 11:35
Morning bean counting
I think your post is fair and it’s nice to see others with different opinions . I think you’re correct in your thinking and I personally see this share price and the way it’s been handled by the market makers is a disgrace . It’s Pretty clear one of the major tr1 holders has been selling up due the fact of the current prices you refer to . I was discussing this with another investor this morning in regards what the company maybe doing . The current lithium price is not helpful when trying to negotiate a deal , it’s almost like the price needs to be somewhere in the middle so the partner feels they had a deal along with the company . The bonus here we have an operational plant that’s making money and the lithium is being produced for free . The company I feel still has the upper hand here , it’s making money and has still plenty more scope to price up further resources in different area we have which will be used in negotiations. They are not being held to ransom because they have the backing and money in the bank to carry on as normal . My conclusion is we just have to be patient times and prices will move eventually, who knows the company may well surprise us all .