There was a deal with a Korean magnet consortium before Covid which fell through i assume because of all the chaos Covid caused.
I am pretty sure they are still talking about attracting a similar deal. The sale price was related to the DZP NPV which brings another point. I wonder whether they have an updated NPV.
As far as i know, if they do get a sale of 20% of the DZP that means the new partner would pay their share of the capex costs for the project.
Ann: A$15M Placement completed and Entitlement Offer Undertaken, page-59
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