Agree on the 'wanting to get into' another Li project soon. It would have to be a deal that requires very minimal cash up front - with requirements for cash after we start producing at Goulamina. As our cash position at the minute is a bit tight - Goulamina is fine I think until production...however I think the prudent thinking maybe to be careful with cash at present. On the other hand , if we get our DSO from Goulamina, we may be able to fund our half (Half of the JV exploration company in Australia with GF) requiring possibly only a small cash up front for a option to purchase or something like that...
just thinking about the funding possibilities here ...
It may be , however, that the company already has it eyes on a suitable project ...
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02709403-6A1167313?access_token=83ff96335c2d45a094df02a206a39ff4
I am sure that Simon etal are just as strategic in their plans and thinking, as GF are in Africa (in particular). And not all Li projects might have the requirements of our team - such as grade...
ALL IMO
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