Ah ok - not sure that we can assume same price down the road. Completion of FEED for Dubbo, proving up of KMP and progression of other metals plants is expected by the time the transaction comes around.
A more progressed and derisked project must fetch a higher price.
The Korean consortium can't have their cake and eat it too.
Ann: USD 15 m Subscription Agreement at AUD 8.90 per share, page-69
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