RE:Proposed Sino deal off the table? The deal with the Chinese and Sino was sunk as soon as the relationship between Canada and China went south. The politics of the time mattered. Secondly the price of lithium deteriorated and shifted the company focus to Cesium which economically was the only option the past couple of years. I bet the LOI was a one year contract and it expired in Sept 21 now we see action again where mgmt isn't bounce to Sino deal
My reason for entry is now the forward looking lithium price and demand. The story for PWM is about lithium. They have lots of potential supply and nice and close to vehicle manufacturers.
Who will step up to finance ? Sure they can fund with an offering and maybe they will. They can also find partners with long term lithium needs. Used to be Tesla was the only game. I am thinking about Ford and GM and all the other vehicle manufacturers that have come onstream in the past few years while PWM was dormant. I've got some optimism that the business world is flush with cash and PWM is sitting on something they need.
Good luck all.