Looking ahead, I'm very confident that the Yahua/EFE JV will eventuate but just thinking worst case scenario, if it didn't, the current MC of just over $30M shouldn't fall too much given that we're expecting the DFS for the Nowa Nowa Iron project next month.
Iron ore prices are on the up again and so I'd consider this to be our insurance should the lithium side of things not go to plan? Any thoughts?
EFE 2021 General Discussion, page-550
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