I’m confident an offtake occurs with POSCO. It’s happened once for this resource and cannot see why they wouldn’t be keener now.
FV should be $300m MC purely based on size of the resource and the advance stages that it is in - although a long way to go! If they get an offtake agreement or a cornerstone investment from another party then it’s got $500+
ARL is over $300m MC and this too was achieved in quick time. Resources this size are not a regular thing - look at LM8s rise and that’s off 50kt not 2bt, sure it’s high grade but we have 2bn @ 1% plus cobalt (only 25% of mineralised strike explored) GLTAH and HAGW
I’m confident an offtake occurs with POSCO. It’s happened once...
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