if he’s offered $2B now, he’s taking it 100% - no way he’s keeping everything on the table for a payoff in many years time - the reality of actually getting these wells into production is an enormous amount of time and risk and massive likelihood it won’t eventuate - and every month that goes buy is hurting given how much lead time is needed for construction.
lithium prices have cruelled what they would have hoped would be a quick route to profits in the bank…so the big cloud of uncertainty is going to hang around for a while now…
id be dialling back expectations considerably, so that there won’t be tooo much disappointment if nothing at all eventuates, but if a deal is made it’s a bonus
