@Sutho58 the other Aussie company with which Ya Hua have a binding offtake agreement is Galaxy Resources - who are currently producing. I think if you check the register of GXY you will see that Ya Hua don't hold shares in GXY. My impression is that Ya Hua will rely on Galaxy for Lithium in the short to mid term and then when CXO goes into production they will buy more from the company in which they have considerable ownership (CXO).
Regardless of questions about the timing of the mine going into production, the fact of the matter is that the viability of the project, the macro economics at play with the imminent EV revolution & the gold/silver (not to mention Uranium) play essentially de-risks CXO from an investment perspective - it is far less speculative than it was 12 months ago.
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12 | 991306 | 0.084 |
13 | 1879453 | 0.083 |
13 | 891042 | 0.082 |
10 | 740958 | 0.081 |
Price($) | Vol. | No. |
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0.088 | 736287 | 9 |
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