ILC will now have 20% ownership in Argentina and will end up with 25% ownership in the properties in Ireland.
ILCs partner is going to be spending $10 M in Ireland to a feasability is done.
Although the properties are going to be worth mega $$$$$Ms with Lithium being the new gold over the next 10 x years, I am wondering how, as an investor how having Ganfeng Lithium as a partner with the lions share of the properties will be of benefit to me ?
Sure they will pay the bills and already cleared the debt that was owed.
Can anyone enlighten me as to what the possible near or far term rewards might be as a shareholder if I buy the stock ?
I will send the same question to ILC Management.
PS. I am not knocking ILC just trying to see the upside.
Thanks, Cooper