Ugg the $60M includes the $20M in legacy payments - however BRB will have a 1.5% royalty on other Li. Not the best deal I have to say however we do not have the whole picture yet.
What else is in sight? Will BRB buy something or will they make an additional move now they have over $80M in the bank? I think a stand alone mill is in sight now.
I was also glad to see the holes drilled out in the syenite at last - more work intended too. My work on the metals is my reason for hope of a lot of upside here.
BRB Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held