Fascinating and rewarding approach to making money in the mining space. Neometals team invested A$3M in to their Mt Marion lithium project, brought in some partners at various stage to fund the development of the project and realised a A$200M return. A result of good timing for sure, but very much definitely a result of a good strategy which focuses on de-risking and developing long-life projects. Plus a focus on cash and picking the right partners and building a team of people who know how to integrate down the value chain.
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