I am sure no one would pay that in cash. But it should be a share deal so that if the buyer does reach the full potential of this DKO would also get paid in full. Could also be done in royalties or smelter credits and such. But if the buyer builds the mine DKO should earn something around the 120m$. But as DKO will need some cash, although they do have quite a bit of cash in the bank already, for their work in Portugal I hope they get some cash and then some share/options/royalties.
Not sure who the buyer will be. One potential "dark horse" I see would be MMS. They have been quite aggressive in buying land in the Pilgangoora. And their biggest investor, REM, is seems to be very keen on becoming a global Lithium player. Both do not have a lot of cash but love to do share deals....
DKO Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
