Yep. Macquarie will allow the Doc to spend more time on the GOLD side of the business.
The Doc said the Morila acquisition was a company maker, a transformational transaction.
The sale of a % of the Lithium to a partner could also be a further transformational transaction for FFX Gold.
What in effect is happenning is FFX is selling a % of the Lithium to a partner and transferring the balance to shareholders. Holders actually paid for the Lithium. We just bought an undervalued asset. The partner in contrast will be paying a closer to market value sum.
And you can still buy one and get 2. Amazing.
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