I was thinking similar SoS but maybe they don't want to give a big chunk away to the Chinese just yet, if at all. It would give them say 15-20% and some control/board member which wouldn't be desirable just yet. I'm confident there'll be some strategy behind it.
Pilbara Minerals is raising between $70 million and $80 million Read more: http://www.copyright link/stree, page-20
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