So far, many of the comments made by posters seems to assume that Phoenix will be entirely sold, resulting monetization of our seed investment.
However, various parts of AFR article do not definitively indicate 100% selling-out scenario and opens up other probabilities such as partial investments, sharing resource, forming partnerships or 100% acquisitions.
If it's not full acquired or CEO intend to construct plant, the outcome will remains uncertain which one has to keep in mind.
Excerpts from AFT article1. Phoenix Lithium is owned by Nicholas Wakim,
who’s seeking a like-minded strategic partnerto fulfil his project ambitions.
2. East Brawley is expected to hold the greatest appeal for deep-pocketed North American players and parties with mid-stream operational experience looking for a slice of the action.
