its a TO for sure !! Ago as much as I hate it are currently on their knees ,,, losing 10$ a tonne on their product !! With a JV and 5 % royalties from Ajm and a 20m dry li sale from pls over 15 months,, with out a take over ago could be stuffed in a few qtrs !! I'd love a JV that gets the cost down to 20 a tonne , but to do that is going to require giving away heaps of % of pancho to min as well as the port excess ,,, if you don't take the TO you run the risk of zero in a year or so ,,, ago have only loan money to develop li and that won't cut it when it comes to mining as we are losing 10$ a tonne for the road trip to port ,,, by giving away the li for rail , that will also be enough to re develop corruna downs at 20 a tonne yo port ,,,,,,
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