RE:NRI'm not sure I understand the point of this?
'it will be assisted by technology and consulting firm BattMat Technologies Inc. to create an advanced strategy for marketing Far's lithium resources, identifying new technology-driven trends in battery materials, and identifying potential partners and resource acquisitions for battery metals and related technologies."
" who will bring their unrivalled expertise to Far's team to help guide the company's growth in this rapidly expanding sector."
"Expanding the company's strategy into the battery and related technology sector will set us apart in what is an increasingly crowded lithium exploration market, bringing value to our shareholders through exposure to this high-growth sector. All forecasts point towards a huge surge in demand for batteries and their raw materials, and this agreement will bring unique insight into how to tap that growth."
Is our management having difficulty understanding what lithium is being used for these days? Seriously, all they have to do is PROVE UP THE RESOURCE and they will have absolutely no problem selling the stuff! With the current and projected demand for Li, why are they searching for alternate markets?
"bringing value to our shareholders through exposure to this high-growth sector. " WTF does that mean??? Does our management not know what Li is all about and what we are doing here?
This NR highlights the absolute incompetence of the current leadership of this company!
Their one job is to "DEFINE THE RESOURCE"!!! The buyers will be tripping over each other to get to us if we have respectable tonnage. DRILL IT, PROVE IT, SELL IT...