From a funding perspective, yes that does slow down progress, but remember Moblan is 40% owned by Soquem which is owned by Investment Quebec, and would more likely be interested in joining the party and potentially, instead of being a leechy offtake partner with grand plans, could potentially suffice to just take a cut of earnings in return for a favourable deal to fund the concentration circuit should Moblan stump up the figures.
And with the squabble going on down here over Kathleen Valley's 156Mt at 1.4%, then i would say should a January/February 24 DFS proving up 110-120Mt at 1.31-1.45% Li20 at Moblan would get the investment group up and rumbling, or... someone who doesnt want to muck around will also put the money on the table.
And Albermarle threw down $5.5B for LTR who just had to raise $1B to complete construction?
A 10-1 consolidation of SYA with an operational mine already generating revenue, could see us back to 1 billion S.O.I and anywhere between 80c-$1.20 SP and if we can manage to have NAL cash-burn free, i would say there would be no problem in raising funds to build the Moblan business that way instead.
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