Liontown Resouces possessing total resouce of approx 5M LCE, half of Phoenix, trading at 2.98Bn valuation having 515M in cash.
All eyes now on Gina, if she takes control after 11th Feb. Today's debacle shows how tough it has became to secure funding.
We need some guidance from Controlled Thermal Resources regarding their plan and cost of production. If CTR can demonstrate low cost Geothermal mining is possible at Salton Sea, we will see a deal coming through. Otherwise, not sure what's Nick's strategy?
