After reading the IPO paper i found out that ABR dont own the property. GSC whereas owns its Rhyolite Ridge Lithium-Boron Project by 100%.
Thats probably one point that makes the smart money wary about ABR and why the shareprice isnt much higher??
If i understand the last phrase correct they have to be in production by october 2021. Otherwise Elementis could terminate the deal!?
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https://www.upcomingfloats.com.au/Prospectus/AMERICAN PACIFIC BORATE AND LITHIUM LTD.PDF
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After reading the IPO paper i found out that ABR dont own the...
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