I doubt our BoD will sign anything based on the pressure and/or expectations from small and medium size shareholders.
However, we were told of FINALISING agreement and this should not take 3/4 months.
I am expecting announcement in the next 3/4 weeks telling us that current negotiations fail due to unacceptable conditions or we sign (in BoD opinion) what will provide us with good price for current and future market conditions.
Even better if we get some kind of prepayment.
Saying a month ago about FINALISING and keeping such term for next 3/4 months is not going do us a great deal and it will to some extend dint my trust, as there are so many companies on ASX that made promises and/or painted great outcomes just to comeback with excuses.
Lithium market is no easy ATM but I rather hear not so good truth than prolonged promises.
One way or the other, I do expect nothing less than announcement of new deal or update in the next 3/4 weeks.
A40 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held