not sure if this has already been said. but tanqi want it double the output of greenbushes. the real money is in making lithium hydroxide. it's been said that in order to double output of green bushes it would need to upgrade a rail line, which will cost around 120 million, plus whatever it would cost to double output. why do that when you can buy an operational mine producing close to 220k of spod. current market cap is 250mil. definitely think a takeover is in the pipeline.
Speculation - Who is the buyer of the 251m stake?, page-15
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