Pure Energy Minerals Ltd (PEMIF)

[Shavasana]

The thing is that PEMIF has no water permits for mining and no money to construct a mine. Any offtake agreement is inconsequential without the financing to get the lithium out of the ground. It doesn't matter if Tesla has an agreement as demand for lithium far outweighs the supply. They will have no problem selling lithium.
Until they get their permitting in order and find a backer, the pps will slowly fade. Why not wait until this drops further and they actually have a solid plan for mining.