Viva Sal de Vida!, page-119

Yep, people keep bringing up last year's financials as if they will be repeated this year. This year's financials are going to be nowhere near the figures that were produced last year. Lower pricing for lithium, higher costs, etc.

The POSCO deal was done around the peak of lithium prices. There's no way they would get the same price for it now. So using an outdated valuation to value the rest of SDV beggars belief.

I agree, they are dragging the process out because no one has come to the table with a reasonable offer. Why no reasonable offer? Well, parties aren't falling over each other to partner with GXY. That's what it boils down to, IMO. Blind freddie can see it and the market knows it.