Post by
trader53 on Apr 25, 2024 8:20pm
Evans stated he had strategic partner discussions.
When Evans was asked about the possibility of strategic partners, he did say he had initial discussions with Japan and a Korean Company and had a trip planned over the next ten days to advance those discussions on their turf. When I first read about Honda, I could see their plans were to close the loop in Ontario from the sourcing of lithium to the cathode staging to battery production and finally the manufacturing of Honda EV's. It was not until I looked into Posco Future M who is going to JV the Cathode plant with Honda that I realized they are a Korean Company. Is this a coincidence? I think not sir or should I say my fingers are crossed it is not! If I am right my guess is any agreement would be tightly under wraps until the Canadian Government and Honda announced their plans. This could be huge for PWM if indeed these parties enter into an agreement. I must admit though it is a huge IF!
Comment by
Chiefmombo on Apr 25, 2024 10:09pm
Yeah a huge IF... Evans had his "Winsome Hat" on when he said those comments. They'd likely be looking at the Adina project.
Comment by
trader53 on Apr 25, 2024 10:18pm
Fair enough Chief but keep in mind Case Lake with DMS could be put into production much quicker than Adina and at a much lower cost. It's a puzzle built on what if's sir. Would i bet on Case Lake getting a deal absolutely not, but I would bet Case Lake will prove up a 20,000,000+ ton resource?