Thanks, as I said, I'm really only interested in the money at this stage and how they raise it. I'll consider posting my rationale regarding what I just said about financing and jv's, I have IRR's based on the production and NPV's for the strategic investor in a JV. It would be difficult to post all my NPV calculations without lots of screen shots
I am basing my pricing at 22K,
Anyway, my guess is LKE will have to sell 40% of Kachi, I do have a number for A1, but time will tell, stage 1 is not fly to the moon, stage 2 is much better and why I have it in my SMSF for 2030
So I am not surprised by the SLI move.
btw, I doubled my money on my graphite gamble in a month, maybe I should sell, but its only beer money also and I got that for other reasons not a quick flip, (and could easily halve again)
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