General discussion, page-5105

You're dreaming. Even with a Net Profit of A$150mil for FY25(with no tax payable) which is possible if current prices are maintained then you would deduct notional tax payable of 20% to reduce it to A$120mil and the Thais wouldn't pay more than a PE of 5 so they might give you A$300mil for a 50% share and so the Chinese might match that figure for the other 50%.
We're always going to be better off running it ourselves for as long as possible and collecting the unfranked dividends that should be at least 40c/pa from FY26(with maybe 20c for FY25 whilst we buyback 10%(25mil shares) for A$50mil).
It's doubtful to me whether production, prices or profits will increase much after FY25 which really will be close to a full year in full production after you process the high grade ore in August from A Pit West which will make up for the shortfall in production in July.