Do we know what that represents? Do we look at what 40% of cap ex of the vittangi mine will be and provide tlg shares at this value in exchange for the capital, or do we say something like the project is permitted to mine x tonnes of graphite p.a. and the market value of that is determined at the last day of each month, meaning we pay an ongoing amount equal to the expected profits these equity holders would receive if we sold the product of the project on the open market? Or is there a better alternative?
Pretty sure it doesn't make the hugest difference all in all, just could affect our timeline to the ultimate goal of increasing mining and refining capacity by a factor of 5 or 10
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- Ann: Court Rejects Appeals Against Vittangi Mine
Ann: Court Rejects Appeals Against Vittangi Mine, page-219
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