Ann: Tawana & Alliance to Merge and Capital Raising & SIA, page-232

When u put it like this UY , it makes good sense !
I've been reading pros & cons non stop for days now......as you stated FCF low debt , so much upside from drilling & now cashed up to proceed full on . Rio is cashed up & BHP selling U.S.shale interests for $14 bill.... etc.. so they could be hostile T/O later on. who knows?

I feel behind the scenes there's an ace up M/C's sleeve by spinning off Cowan !!
Does M/C know Cowan can support yet another DMS with & a deal to use Tawanas infrastructure later on . thus positives by lowering op. costs for the new AMAL operation.
Any thoughts out there?
In other words Cowan cannot just sit there idle forever when its loaded with spod !
China wants Lithium 'forever' ...