I think more likely a JV with sepsrate KV entity. This will allow LTR develop KV and to drill out Moora and Buldania and leave no stone unturned. Who knows what will show up at either project.
15MT at Buldania is very early days. Lithium from there can be fed to KV downstream processing.
Just my thoughts.
G
How a demerger and IPO affects existing shareholders, page-34
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