The earn-in agreement cost Rocco Tassone ("Green Critical Minerals") nothing - https://www.theassay.com/news/hexagon-signs-mcintosh-graphite-mineral-rights-earn-in-agreement/.
Yet he wants an exorbitant:
Taking retail for mugs as always, or the proverbial "wooden ducks".
Why did MinRes walk away anyway?
"MinRes, which entered into the JV to increase its exposure to battery materials and create new contracting opportunities, said any further investment in McIntosh would not meet its minimum investment return threshold."
https://thewest.com.au/business/mining/mineral-resources-pulls-out-of-hexagon-resources-mcintosh-flake-graphite-jv-in-kimberley-ng-b881340672z
But I'm sure the boys from CML will make it work - they did report Pyrite as visible Gold at Alotta.
Ann: TRANSFORMATIONAL ACQUISITION HIGH PURITY GRAPHITE PROJECT, page-12
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