RE:RE:Mikey 2EndZonefor7 wrote: Excellent posts by Mikey. The common complaint from the naysayers of why no deal has been done and it must mean they don't like the project. Far from it.
As Mikey has said, why are you going to cut a deal in a down market when you know you have the goods ? You don't. You do what Mark has been doing, travelling the world telling the story to the biggest industry players and let them think about it while you work on putting out the feasibility study that will lay it all out. No major company is going to cut a deal without a feasibility either in this kind of market.
Secondly, the whole repeating media story on critical minerals is based on events "over the next few years" to ramp up battery plants and EV factories in Ontario and Quebec. 2025 to 2027 is the sweet spot for mass production ramp up which will be Crawford's timeline give or take.
The clock is ticking for the big EV players to have the mineral deals in place after commiting billions to huge factories and battery plants that are breaking ground as we speak.
Most importantly these new government industry policy changes to subsidize these factories/mines is a massive game changer. Competing with the USA is no mean feat and JT and Ford want this bad.
I also do not see Mark caving in, as he has his own major skin in the game versus the typical CEO with options only. He also knows how they think after working at high levels for Inco and as a CEO of RNC.
If the majors wait too long, the carmakers/battery makers will be cutting the entire deals as Elon and others have said, and they will be on the outside looking in. The ball is in our court IMHO.
Ah yes getting dd from a paid promtor lol