Despite the current "over supply" and "weak pricing" environment, its clear from a number of recent acquisitions of equity, that the appetite for lithium assets is still extremely strong.
I would be stunned if no other party was interested in A40. Its a quality asset.
Personally, I think it will result in a JV. GXY wont wont to put anymore cash into that asset than already attributed. The JV will come from a downstream partner IMO. 50/50%. We wont be required to tip any further funds in. JV partner offers x cents in the $ to creditors. I doubt we will see anything on this prior to Dec though.