RE:lots of blue sky ahead I disagree. I think this name won't see much movement until late 2024, early 2025. I think this because of the near-term lithium oversupply and cratered lithium SPOT prices, additionally Hertz is likely to cancel their 100k order from Tesla which could have cascading effects. That will take roughly 6 months to play out, and all of the recently announced battery plants will also take at least a little bit of time to start awarding contracts beyond the overall larger "partnerships".
E3 has the money to last until 2025. They should wait until 3rd or 4th QTR to announce an offtake agreement when lithium prices will be rising and some of the lithium crapola has been flushed a bit. However, that is not to say that they shouldn't go full steam ahead on DFS and everything else on their side.