In that case with MC running, Greenbushes upgrade considered accounted for and Mt Marion at its levels I would say that the pricing should continue to be good as stated for the next three years and GXY could fund SDV with what income it has now and comfortably on 50% debt and existing CR. By then other hard rock mines may be constructed but GXY will be through the door with a 40Yr brine project which I think would be more than enough to stay ahead.
GXY Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
