Patience Grasshopper.
They need to get the first part done to conclude the second part.
The only upside from here is the company completing the sale and start to distribute the first tranch of US $161 million dollars.
Secondly they need to find a critical metals deposit that fits their criteria that they can pursue in a depressed lithium market.
It’s just mathematics really.
Stymie the deal now and reap the $0 dollar return now or pass the deal and get $500m ish back with the hope that the current board are able to secure a new project, retain the current well respected team and relist with a real project in a secure location that will return shareholders further value.
The fact that all board members and senior staff are being approached to work for other companies is a testament to what we should be voting imo.
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