Good one, I added more on this announcement.
$20m in cash, its expected given critical mineral status they would be getting some of the US Govts $20B funding for projects and obviously Sunresin and them need to agree some terms down the track.
Looking at Allkem its $8bn mkt cap on 40kt and an amazing growth profile
We are looking at 10,000 Tpa in 2024. Ill keep a nice position in this one but we are a bit away. 50c would be a great result this year.
Ann: MOU with DLE Leader Sunresin to Develop Commercial Li Plant, page-124
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