There are a lot of risks involved with a young explorer. It's an enormous price to pay for a gamble, and at what price do you think the shareholders would let go?
Any Lithium option at the moment you're paying through the nose because of the high Li price. That's why I was thinking that of all the options currently on offer (or soon on offer), a MIN lithium business would be a good fit for merge. Lots of synergies, a monster producer, lots of engineering know-how, LiOH facilities, and you wouldn't have to part with any cash.
Plus, it's probably a year or two down the track before CE spins it off, allowing us to pay for the stuff we want built and swell our MC to get a good deal on merge. Cheers to Monday morning daydreams
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