RE:RE:For the purposes of this board
On the subject of Cantor....my understanding is that the key guy they are working with at Cantor actually used to work at Cannacord...so in fact, sounds like there is a good deal of continuity here...not to mention that Cannacord has not brought home the deal for the past 3 years...
As for why this takes so long for a car company -- other than a Tesla -- which other car company in the entire world has any experience buying raw material straight from a mine site...none perhaps. This is a totally new strategy for car companies and only being driven by the supply imbalance and their need to lock up material -- until now the car companies would never have considered buying offtake from a mine...they buy assembled parts and pieces and assemble the vehicles in their plants. I challenge you to find an "offtake" division or "mining" division or "raw material" division at any car company other than a Tesla -- so that (in my mind) is why this has taken a truly long long long time...the tides are shifting though and the car companies recognize that tieing up material will be critical (pardon the pun) to their strategic plans for their ev fleets.
thats my 2 cents - take it for what its worth