Where is this going? They obtained their main licence when, about a year ago? At that time the lithium market looked great. And it still looked quite "ok" a few month ago. But management has not closed a deal.
I reallly wonder why
(1) Management is incapable and has missed the right timing?
(2) No parties interested right now to engage with us? Other miners have closed deals...
(3) Management asking potential partners too high of a price, trying to get the "perfect deal"?
I cannot think of any other reason. Obviously deals take time... but sufficient time has passed now.
Maybe a deal is announced tomorrow, and then you guys can all jump and tease me...
But my sense is that no deal will be announced in the coming weeks and the price will continue to drop.
Thoughts anybody?