"I recall Mount Marion when NMT had the rights to buy at market...

  1. 2,554 Posts.
    lightbulb Created with Sketch. 1746
    "I recall Mount Marion when NMT had the rights to buy at market value some 56k tonnes 6% spodumene per year, provided they could increase its value, so there was talk about a deal in India to process it which gave us the rights to buy the supudumen."

    Couldn't they do this with the ELI technologies?

    I appreciate that probably wasn't proven tech back then, but they could / should have kept it up their sleeve, rather than selling the right for $30m.
    Last edited by thecrabpest: 13/11/23
 
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