RE:RE:RE:Buyout? Your assessment is exceedingly optimistic. Many analysts assert that lithium is in oversupply. However, with recent price action upwards, perhaps they are wrong. Obviously, as long as lithium prices increase lithium clay become more viable.
Make no mistake about it though. This isn't a safe place to be. SPMT has bad management, but they have some lithium clay. It's possible that they have bumbled into something. That would be a first, in my opinion.
I am no fan of this management team. I'd have more respect for them if they dropped all the bogus exploration/mining claims. Closeology is a joke. These guys have never found any gold and silver. Track records are track records.
Lithium for SPMT is highly, highly speculative. Chance for considerable upside, and chance for substantial downside.