This is how you should look at it
- 50% mine fully funded (worth $350m using 50% of fully funded pls as guide, discount accordingly for timing)
- +40m cash which goes to kdr
- + 50% participation ( kdr fund their share) of downstream converter. The value converter is multiples of the mine
- + gold
- + Sqm expertise
Kdr will be the only mine to lithium producer in Aus which sets it apart.
