@Quanta respect what you are saying regarding steps taken to binding offtakes but I think there is a lot of fluff factor with MOUs and the market tends to see them very skeptically. I didn't see PLS (yes this company is my go to reference for taking a resource to mine fast and efficiently) or for that matter AJM or KDR announcing MOUs. I understand there is huge amounts of work to be done behind the scenes before anything becomes binding, but let it happen that way and only announce once it's all set in stone, IMO. @Therookie88 as usual I agree with what you've just said. As for calling a 10c day, I'm not game, unfortunately. While supply has finally backed off demand is also lagging, I think we'll need some consolidation in the 45-50c range first. Then again with these never ending daily v2o5 price gains you never know when the penny could drop...
TMT Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held