Market Cap at production will be around 1.4b. RCF's funds under management is 3.6 billion. There is no way they are putting ~40% of their assets under management into 1 company.
Will they participate in a raise and maintain their ~20% of the company or 200m? Probably. There is no way they are taking it over.
This also does not factor in and mid or down stream profits from electrolyte/VFB sales.
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