If actual value of 13.8% share of Mt Marion's 23 MT is 163 m, then paying US 19 m by MIN for that 13.8% share seems to be a massive bargain ? Let alone, anything upward of 23 MT of spoudumene which is easy given the impressive last drill results, as you mentioned. You have good insights, I am just confused.
Also, to do LiOH plant / production, NMT will need Li2O spoudumene, which is 100% pre-sold to Ganfeng via off-take aggrements ? Thanks in advance.
NMT Price at posting:
49.5¢ Sentiment: Hold Disclosure: Held
