Suspect they still have Private Funding up their sleeve. Additionally they are looking at the bigger picture and planning for it now. From what I understand this acquisition not only increases their resource capacity, but improves the value of their current resources by improving the blend quality and reduces their production costs? Perhaps in this instance 4 + 1 = 8?
Obviously they can see the huge long term demand, and obviously they have the required support to provide them with the confidence to do this at this stage of their business plan.
SB mentioned previously, who wouldn't want to throw funding at this?
I read something a while ago which I haven't been able to shake. Someone compared investing in this current Lithium and EV industry as those that got in early and invested in the OIL industry at the very beginning.
General Discussion Topics, page-25146
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