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Re: TradingCharts post# 3293

Friday, 11/12/2021 7:40:50 AM

Friday, November 12, 2021 7:40:50 AM

Post# of 6927
Numbers guy, maybe haha. I do like to call myself ignorant in a lot of areas too :)

I'll have to look closer as it seems like there's differences in the deals in terms of Lilac supplying quite the capital outlay as well. So, guess got to consider the different aspects of each deal.

I tend to see debates on techs and projects across boards in the Lithium space. It's interesting because, really, I think each project needs to stand on its own. What I mean by that is, IBAT might have the best tech in the world and that's great but investors are actually interested in the monetization of said tech. I differentiate that because history has shown best tech doesn't always win out. One word, the infamous Betamax. It's an often used example because Betamax was better than VHS but licensing.....

I don't know the ins and outs of the Simbol situation but that too shows the risk of successful monetization of the tech for those involved. For this reason, I anxiously await to see what Piper Sandler is about to see if they've learned some lessons and will be successful beyond the tech front and into the $$$.