So Koch have a giant $252 million blank cheque in their Lithium portfolio, and in the words of Koch’s Martin Rizzo…
KTS is excited to be part of this significant opportunity in the US domestic lithium supply chain!
Bruce & Co has stated in 2-4 months time (all going to plan) we will have an important strategic partner onboard in Koch.
IMO, the project Capex will be about $375mil and I get the feeling a lazy $200mil from Koch would really set us up beautifully. Potential for LG or our other- soon to be named offtaker to offer some up front, and the co has always stated that US govt very project friendly and may front up a loan or grant.
Imo, I see a small soph & retail raise down the track to ensure funds are there to further progress Ajana & Yellow Cat.
So Koch have a giant $252 million blank cheque in their Lithium...
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