Are you serious they picked all the mine for 100M, was this just the land or also the P&E?.
Do you also have any estimate on carbonate plant tonnage output and what more in the way of budget would need to be used to get to that target tonnage?
As a reference Ioneers plant I believe is meant to cost about 875M and will hopefully achieve an output of 20,000 tons of carbonate p.a.
This was just the plant I have no idea what they paid for their tenements.
Would have to agree, if 100M then no it isnt a bargain, its a bloody steal!
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