Don’t forget those lithium takeovers were bubble prices
I don’t think one billion is a lot of money if this project is derisked by metallurgy
Gina owns aru which plans to mine rare earths and wa1 could have similar ore (apatitie ) as there is ree and phosphate …. I don’t think a 500km truck drive is that far if the ore would have been mined already and be in a stockpile of waste. That was talked about in one of initial broker reports so not sure if feasible but Gina would have to be looking at it closely.
General discussion, page-5466
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