Fantastic news with the takeover proceeding.
The Royalty Rebate alleviating cashflow for the next 2 years is a nice little sweetener, especially as the combined output should exceed 550ktpa.
So what else do you want with all that?
How about a Spod price increase?
OK, you got it.
http://www.asianmetal.com/LithiumPrice/Lithium.html
Up 0.77%
Now ... I'm dreaming of a POSCO Christmas.
Spodumene Prices, page-4
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