Listening to Anthony Tse in the CTMS2016 video he mentions about there being alot more revenue. The best way to do that rather than bumping up to around $700 TPA is to secure a spodumene processor now. It would also reduce any losses from the climb in the Australian dollar again plus if Deutsche Bank is right (which I don't agree) the lithium price will go down reducing the profit margin on spodumene.
An increased profit on the spodumene will contribute to the construction of James Bay for General Mining and Galaxy which will further increase production rates plus will go towards construction of Sal De Vida.
They could however do this and merge all at the same time allowing for a HKSE listing and further funding which can be used for acquisitions to continue expansion along the way.
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