Unfortunately we have 18 months of bubbling away down here at the bottom of the valuation curve whilst the feasibility studies are undertaken.
Once the PEA is complete you can expect a capital raise in the order of $5-10 mill to complete to a DFS level.
M&A actions do tend to happen at this stage.. however with the current extended lull in the Lithium markets I can't see anything need for a big player to rush in.
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