If we lock in Transamine then it would almost certainly include finance as that has been suggested in previous correspondence.
If that were the case, with the ability to get another 20 Million USD pre-payment with Yuhua and maybe 15 or 20 Million USD from Transamine we would almost have the finance for the mine sorted. The share price would have to be at least north of 20 cents at that stage.
If the last off-take came with Finance (maybe only 5 million USD) as well plus the 5 million we were expecting from the NTG we would basically be in business. At that point, on the verge of a FID it would be fair to assume we would be hovering somewhere near the 30 cent mark.
Given that this could all realistically happen within the space of the next 6-9 months and that within 12 we could have a functioning mine and a SP heading towards 40 cents if the Spod demand turns out to be strong, its a bloody good return on 9 cents a pop that the shares are going for now. Especially so when you consider this is based on no further significant mine growth and only on the lithium (The Gold is clearly gonna be a big deal next year and could add massive value to future holders).
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