No one is denying your comments, least of all me.
However this has been known for years. This latest development might bode well for us in the future but is does nothing for us in the present. We are all about an equity partner and this doesn't help us.
Just digressing here as some have said GM is our most likely best option at the moment.
Tell me would GM really want to give us $600 million dollars now, so in 4 years when we're in full production any excess supply they can't use, we can sell to their competitor?
Anyone that makes that type of investment isn't going to allow us to then help out their competitor and sell for the same price, no way, no chance in hell.
So I would think who ever funds us, ensures they control where any excesses go.
What do think of that scenario, rembering going forward there will be massive shortages of Ni and Co apparently, so talk of other offtakes down the track are probably just taking our eyes off the current ball and the all-encompassing deal that still isn't forthcoming.
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