Done a bit of thinking about this, am concerned re recent weakness in the silicon market, It would be hard for simon after all his work to be thwarted at this stage due to things outside his control. But Mhm says talks are positive and ongoing so let's take that at face value until hear otherwise.
Re the deposit I think that it's been realised to get it to a satisfactory size and quality jorc level which I'd imagine would be req for smelter funding and project approval will take 1. To long 2. Be expensive as looks more complicated than expected 3.has some uncertainty.
therefore easiest path to fix that issue is to buy/partner in a jorc resource that is suitable. The other point is that to get to this stage pretty much all other aspects of the proj must be satisfied otherwise why bother. Mhm isn't going to spend a cent on a deposit if the smelter isn't locked in, you'd imagine?!
All totally IMO though and could well be totally wrong!
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