Imo, this is the catalyst for offtake and funding. My understanding is Mitsui wants to be a business partner (offtaker, funding and equity) in the Maricunga project and tge cuurent JV structure is not ideal for Mitsui from the decision making perspective.
with this out of the way, i m hoping we get Mitsui as a business partner very soon. The demerger of WA could however be another condition set out by Mitsui.
LPI Price at posting:
38.5¢ Sentiment: Hold Disclosure: Held