Ann: MetalsTech Announces Spin Out of High-Grade Lithium Assets, page-41

Just a musing, I didnt expect things to be packaged up in 10 days, expect there's a fair bit of work behind the scenes here. But just a thought... What if the silence is due to some parties coming in for discussions of a higher bid on the Lithium assets?

At this point in the process I think anywhere from 10-20 mill might be a fair value range, more likely 10-15, I.e. One mill per Mt exploration target give or take. I think on split it'd end up at a 15-20 mill MC very quickly.

Personally I think the Lithium assets is actually the crown jewels here. I see potential in Sturec mainly as the access ways are more or less there so they just need to be widened and lenthened to access undergound, it's not a full greenfield development. That said however, anything above 10 mill should be value accreditice, if there's a bid closer to 20 mill surely the board would have to put that to a vote.

Just having some fun hypothesising.