They wouldn't even need to takeover the company.
Could have a 20% stake to basically stop others.
Then have binding agreements for extended periods of time, just enough to fund the mine and get what they want at the price they want.
Although mining, the company might not generate a massive profit.
The initial start-up seems counterproductive.
Normally lower capex start-ups are used to generate early cash flow. This seems to delay that.
I think they would be better starting at a larger volume, which would improve early economics.
I don't think the demand/sale price is good enough at the current time.
Otherwise, they would have gone with a larger early production with better revenue in the DFS.
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