We need deals better than the one Frontier Lithium got with Mitsubishi who invested in Frontier on a 70% premium to market sp at the time.
If could score 100% premium with what we have imo
The deal was signed on Saturday. Under the agreement, Mitsubishi will acquire an initial 7.5% stake in the project for C$25m. After a definitive feasibility study (DFS), Mitsubishi will have the right to increase its interest in the JV to 25% through the purchase of additional shares at a price based on the net value of the project, which will be determined through the DFS, Frontier Lithium said.
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