Leigh Creek township rapidly downsizing, page-46

I’m not ruling out that situation as an impossibility, but it’s highly improbable in my view. they’re not just handing over the keys to the kingdom. They’ve taken the project this far and have a large global partner with support from top tier companies. I don’t think giving over majority ownership to a new “partner” is going to be in the best interest of shareholders, which management are.

I know that previously you have indicated the company is in a desperate situation, but on the cusp of closing out 1m tpa of binding offtake, I’d say that puts them in a pretty strong position to negotiate.

not to mention the advantage for prospective buyers to promote their supply being provided by a carbon neutral Australian supplier, I don’t think it’s an exaggeration that there’s a lot of interested parties who would be wanting to close out a deal quickly