Ann: Winmar to seek Dual Listing on London Stock Exchange, page-294

I think the NZC deal has broader implications for WFE than some holders might think.

Chengtun have just built an SX-EW plant and have been in offtake talks with NZC for 12 months. Instead of buying NZC ore their conclusion to the conversation was to take out NZC. Now why would this be the case? IMO it is because the value is in the feedstock and not the end product as some have been saying on here for ages.

If the 3rd party model worked, why drop $114m on a smallish resource if you're Chengtun?