RE: Neil Herbert, Chairman at Atlantic Lithium joins us live from London7 Dec 2022 21:41
Piedmont are going to need a shed load of spod just like many others and they are making sure they get first mover advantage by making the investment ..dont forget they are securing 50% of what could be a very large deposit over many more mine years life as stated in the pfs..in addition their investment in ALL is already worth some 11.5 million pounds more than they paid for it and as they continue to bankroll our development I am sure they envisage their holding to be worth considerably more....just like most on here !!! Incidentally I think what they are going to pay for their spod is a price formula linked to market cost which might not exactly be the exact market rate at the time..but that is splitting hairs at the mo