Then what? Unfavourable or Favourable, we wont see the JV progress until the $1.2m JV contribution is made. No ifs or buts, there is no way in hell MCT would continue to fund the JV 100%. Either pay up or shut up shop and let NME fund the JV going forward until they have spent their share of costs, then maybe both parties contribute fairly to progress from thereafter. In any case I would rather see the funds straight in the new QLD lithium, dont belive NME has ever wanted to fund any part of Kookynie JV to begin with.
Dreamer’s and hoper’s, page-31
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