Ganfeng also have billions of dollars and are raking it in at current lithium prices, $50m is really nothing to them, they bought Bacanora out for a reason! They will obviously want the rest of it. 150 year resource life...
I agree with Observer’s assessment and in the worst case you also have to consider that Indo need our expertise and may not even have $9m to facilitate the buy back, let alone they would then need to fund 100% of the project, we have been brought in to help because we have access to financing and funding, that is part of DipC in the JRP.
RE: Investor Presentation and Q&A with Cadence Minerals CEO, Kiran Morzaria01 Jul 2022 17:23
Quite a few things to highlight from the presentation. "loading a cape size at our port but half loading it then taking it out to the amazon to fully load it this allows us to achieve a lower cost in terms of a ton of shipment to China".
This is a really big deal in terms of shipping costs, very happy to hear that.
Yeah, I was just wondering if Keith/Geomet could be in negotiations that EMH bod (Lincoln Bloomfield Jr) aren't aware of so he could still be allowed to buy. Clearly Keith was talking about signing deals so maybe so?
"The Company is always represented jointly by at least two Executives, with one of the agents being Executive B and one Executive A" EUROPEAN METALS (UK) LIMITED Business share: 49 % Severoceské doly as Business share: 51 % https://opencorporates.com/companies/cz/27752976