This happened sooner than I expected. I initially thought they would wait until the next CR and pay out in cash to reach the 80%
Perhaps the timetable has moved up and issuing shares now is quicker. Considering the MD of ADV is on the board then they are happy with shares instead of cash.
Don't forget, ADV completed a lot of studies on the recovery and met work at Seymour previously. Lets see if they confirm the timetable has been accelerated at the next presentation.
Ann: GT1 Increases to 80% Ownership of Lithium Projects, page-4
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