This is further great news for Morella to rise from the ashes of Altura (yes I lost there!)
Nothing against this acquisition, as I think the Altura guys are shrewd explorers, and have the experience of getting a lithium mine producing to high standard product, but why are North America companies letting us Aussies buy up their resources. Is this the old thing where the hardware suppliers selling picks and shovels make more than most miners? I don't know, but I'm up for the risk in getting Morella's resources to market, this time with good prices and hopefully low production costs. Any debt decisions down the track will be interesting! Hopefully off-take partner equity funding this time around.
GLTAH
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