This thing has nothing going for it being buried miles deep under the infamous lake with no infrastructure for a mine - no hope of production this side of 2030 imho.
Looks like very few takers for the CR as Helios mentioned hence they needed to pump this with recycled drill results via infill holes.
Grossly overvalued at almost $2 bil AuD what a disgusting situation this is. Albemarle must have been approached to stump up more cash and smartly refused and walked away from the MoU.
Albemarle thinking was they had already overpaid when they poured in $100m at $15 a pop from memory? In current market this is worth no more than $750m imho but was pumped yet again to almost $2bil to do the CR. Disgusting mob
Ann: Trading Halt, page-30
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