Neo Lithium Corp V.NLC

RE: Sibanye Stillwater buys half of ioneer's Nevada lithium

[tiger2201]

If you go through Ioneer's DFS, it is HALF as good as NLC's, get your own conclusion.

tiger

quote=tiger2201]

Sibanye Stillwater buys half of ioneer's Nevada lithium project in $490 million deal

https://financialpost.com/pmn/business-pmn/sibanye-stillwater-buys-half-of-ioneers-nevada-lithium-project-in-490-million-deal-2

https://www.ioneer.com/rhyolite-ridge/dfs-summary

Very interesting deal.  Quick read Ioneer's DFS summary, the full NAV is $1,265 millions, and they are planning production at the end of 2024.  With 3.5 years to FULL NAV at 8% discount, basically Sibanye paid FULL NAV.


tiger[/quote]