you've got to ask yourself why would the chinese kick in cash now at higher prices if they didn't intend on taking this to production. This is a great deal by management to get the >A$50M of free cash flow out of Grants (as advised in the Hartleys May 2017 research note) so that the company can find a company making deposit somewhere.
I'm hoping that Ringwood proves economic and those results come through soon but if it doesnt then there will be other targets that will be funded by existing cash or cash from Grants.
GLTAH
Ann: Placement to Yahua to Advance Finniss Lithium Project, page-68
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