We find it interesting that the two recent lithium off - take agreements announced by TSLA were non-binding deals with
junior mining plays and not with established producers.
Initially, the terms of the agreement spooked the market into thinking oversupply was imminent and additional supply from a large number of
junior mining plays would not be necessary.
We recently decided to test this thesis and look at the crop of graphite
junior mining plays with at least a preliminary economic assessment (PEA) completed.