SSW probably tried to renegotiate but INR would have had a Plan B and possibly C.
Wouldn’t be surprised to say the Texans in the frame now. John Arnold and his mates own c.20% with an average cost that’s higher than the current price. They would know the situation as well as management and obviously see the scope to make significant returns from the only shovel-ready, multi-generational, low cost domestic source of lithium chemicals.
Defence want it to happen. Ford and others are contracted. CBD will be sidelined (or taken out the back in the middle of the night).
It will happen.
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