Would certainly be a good way to allow GMM to become that JV partner there also.
It is an interesting prospect, though upfront payments make me think of lost investment return.
Unless of course the buyer thinks the lost investment return more than balances the potential rise in spodumene prices and shelters them from the risk of receiving nothing.
1 to 2 years is a long time with nothing to process.
GXY Price at posting:
38.5¢ Sentiment: None Disclosure: Held