Panasonic may well be a cornerstone investor and off take customer in this GXY FMC tie up. Question is how much are we willing to let FMC into the SDV project? Previously 30% max was thrown around.
Once FMC break away and form a JV with Galaxy to develop a mega LCE precinct at Hombre Muerto we may finally see our overseas listing.
So we use FMC spare cash $USD300+m and Panasonic's buy in to develop SDV and the overseas listing + MC proceeds to fund JB?
Then how long until galaxy buys/acquires the entire Hombre Muerto production facilities I.e. GMM Mt Cattlin 2.0 ?
There is a reason we have a hotshot lawyer, FMC are spinning off their lithium assets and we have heard very little regarding project financing/development..
OK Anthony am I close?
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