Will add that part of the rationale for the IPO is that it allows Snow Lake to be self-sustaining from a development perspective. It will be able to raise capital independently of NVA.
That in theory will allow NVA to focus funds on Estelle, whilst still deriving upside from the Lithium project through a substantial shareholding in SLR.
Ann: Notice of Annual General Meeting/Proxy Form, page-22
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