Hi Scarpa - agree that this will probably be JV'd or taken over to feed integrated business model for Hydroxide conversion.
The price won't quite be what people think here (generally) due to overburden, but I agree with Anatol that Larger companies are well placed to fund the strip.
This ability to fund mine development increases the value of the mine for those companies, but also limits some other options if the deposit was closer to the surface.
I am quite comfortable with this scenario and feel the 'deal' will be done in 12-18 months max.
SK60
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Hi Scarpa - agree that this will probably be JV'd or taken over...
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