Self funded? Mate we only have capacity to produce 500TPA of BG LCE at full tilt right now.
Given we are probably going to sell that for 12K USD we would make about 7K USD profit per tonne. Then you take out Puna minings 22.5% cut of that. You aren't left with much at all to self fund, as you make out is so easy.
Make no mistake there will be dilution to get a stage 3 partner on board but it will be all worth it in the end. You don't get someone to stump up $150million USD for no gain except a few tonnes of BG.
Just as Pablo is willing to dilute his stake in AGY for Stage 3, we should also be willing. The gains will be huge comparative to being stuck producing 500TPA chicken feed.
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