I think what shows up the current demand and desperation was...

I think what shows up the current demand and desperation was last week when the Chinese Battery Association (perhaps made up of smaller converters?) threw USD3 million at MCT for some rock chips on the promise of 100,000 TPA of spodumene in the distant future if and when they ever find anything to mine.....think about how ridiculous that is?

Sure.... its only a few million - but lthe Chinse are noted for their savvy business dealings.....but this just reeks of desperation or stupidity.

PLS are only talking to +$7 Billion companies because they can - and let us hope PLS are savvy enough to play out the best deal/s.