Prob a mix of things.......
To me there aren't really that many positive "unknowns" left.
Its at that boring stage of life cycle where reality takes over. Ye they could find/acquire more lithium but they have the hardest, longest part ahead of them. Getting it out of the ground and in to production.
The MIN issues are weighing on it too. But the legal dispute aside, we all know they will eventually sell it to someone and its likely already priced in as soon as the PFS etc was finalised.
The fact its so heavily shorted (maybe by MIN?? pure speculation)
I tried to pick the bottom recently and we all know what happens when you try and pick bottoms...... lol
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