The deal is disappointed. However just do the peer comparisons.
Ajm shares Issues 1541.2 million @ 15.5 cents capitalized at $239 million
With resources 42.6 mt @ 1% contain li2O 424,000 t
KDR shares issues 333.331 million @62 cents capitalized at $205 million
With resources (128 mt, 50% of it, )64 [email protected]% contain li2O 938,00 t
With US$70 million cash and with SGM expertise.