So, I understand a lot of people are keen for LCK to focus on one thing at a time, get LCUP up and running, then look elsewhere - admittedly, I'm one of those. But, if you'll indulge me, I wonder if this is acquisition is part of a broader plan to streamline and derisk.
Keep in mind, this is speculation and has no foundation, but could it be possible that it'll just be too difficult, politically fraught, and logistically complex to actually produce the Urea in South Australia, so instead they'll export the raw products and process is South America for distribution? The timing of the plant coming online in South America fuels my suspicions.
Just chucking another theory in the mix for a bit of spirited discussion!
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