SUMMARY Without question, the above evidence and concordantly cited authority sources evidence the cold, hard fact that MMTE is a long way from selling its concessions, entering into a JV, producing any profit, or even a longer way from delivering any significant amount of lithium for purchase by end users. Either in finding a merger or JV candidate or going it alone, MMTE faces a competitive, potentially expensive, and uphill battle that simple common sense increasingly indicates MMTE proves unlikely to win.