You're jumping at shadows.
Firstly, not sure where you got that quote from, a quick search of the activities report & the Goulamina announcement on Oct 20 comes up negative - an interview?
In any case, by the time they mobilise drill rigs to Goulamina, the FID will be made and the 50/50 JV in full operation. If we happen to incur 2 weeks of drilling expenses whilst under the 15/85 ownership so be it - we're talking peanuts compared with the ultimate value of the JV.
Even if we pay 100% for a month, you're talking about $200k of extra expense in a project with a NPV of A$1.8 billion about to be massively increased.
Maybe an audit of the tea room expenses might be another worry?
Ganfeng closes Li hydroxide deal with Tesla, page-53
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)