Info aus HC BNR
If Allkem is interested, we are in exactly the right place with our property, so wait and don't lose your money
I think their strategy will be to align with Allkem if they can prove up a resource. Hence the Allkem Operations Manger they bought on board last year. It’s been well publicised that their Mt Caitlin resource is nearing exhaustion and they have a mill that will need ore, it all makes a lot of sense and it all can be achieved very economically.
if they can get this right, they can pull this all of on very minimal cash burn, that’s 12 million is such a huge bonus in the scheme of things - the upside is massive. There are hurdles but there are ways around those. Looking forward to first drill, been looking forward to it for a long time.
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