Ann: Introducing Leo Lithium - The Next Global Lithium Producer, page-24

The updated DFS with improved processes and higher prices should see a reasonable increase in the NPV. GF will want this to make their holders happy. Also the value of Leo Lithium will increase.
I note the ann talks about organic growth via increasing output. This is a sure thing as its a lot cheaper than acquiring other Lithium assets.
Entitlement offer on demerger being 1 for????. For working capital. Will be interesting to see the amount required.