Ann: MinRes to develop lithium processing hub, page-59

@spoksfriend
You are 100% correct imho.

MCap is UP $1,000M since this POS MINRES deal was announced.
MINRES can get the LJ Li HUB project and 1.5MTpa MILL up and running FAST and cheap imho.
MINRES has $1.4B cash at bank and large top engineering team motivated.

IGO had the Ni & Li production lead but now MINRES will challenge them with this LJ project.
Meanwhile POS at 0.7c stands to gain massively in value from it also as future deals & revenues with MINRES will flow imho.

BHP IGO AFAF/Wyloo BMM all lost out BIG TIME in missing this LJ deal.
LJ is a turnkey low capex prior producing MINE and its large Nova size MILL developed & built is in "remarkably good condition" said the POS CEO many times.

That 13km of Li Ni strike at WUU is another monster area and MINRES can use the LJ large MILL to toll its Li ore also. This project will be fast tracked and likely has been in process for a lot longer than any of us know.
For example in 2021 the POS CEO mentioned reviewing LJ and discussed selling it then so I suspect likely MINRES has been involved for over 3 years in confidential interest in this LJ project and joining the Li Ni ranks like AF & IGO have.
This didnt happen overnight, it was all done in SECRET.

And MINRES can get this moving very fast & prove how massively valuable this LJ project actually is with the right management & capex.

MINRES is gonna make Hay on LJ.