Yes @banksy808 that would be the more correct letter of the law .... financially speaking I'm reducing it to 45% for my modeling ... Ghana Gov't gets their 10% (which brings us down to 45%) but its possible they may want to sell their 10% to say China. In that case I guess ALL sells 5% to PLL Inc to make up the "shortfall" and PLL Ewoyaa Inc (or whatever its called) sells its 45% to PLL Inc.
End result is as you say .... 149,500 tpa heading to NC for processing ... which is ~20,0000 tpa of LiOH being produced at 7.5t
@Superheat ... Ghana rates well on mining investment attractivenss scale ... about the same as NSW, Chile at around 72-73 with Quebec at 86 and WA at 89
https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2020
Now as a LAC shareholder it does concern me with Cauchari-Olaroz lithium brine project in Jujuy province Argentina but its a small concern (big (chinese) partner in Ganfeng).
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