Possibly Binwood but Lithium Americas didnt receive a whole let either.
The value here is in the partners/offtakes and capital that will make KDR's $1.5B share of the project.
The other thing that could happen is KDR could be swallowed by a Capital Fund like GSR for $1+ and then its game over. However, at he moment SQM need KDR to run the administrative tasks and deal with Government.
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Ann: Kidman & SQM Investor Presentation, page-72
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