They'll expend no cash with this offer; they'll make the purchase through shares, so some dilution I'm afraid. But, what a great long term resource and an indication of the aggressiveness of management to grow this company into a true world lithium power. They would get not only ML's flagship Pastos Grandes project but also their Cauchari East project, right beside LAC's C-O project.

I really wonder with LAC's play on ML, and Ganfeng and LAC's play for AN, if they'll truck a bunch of concentrate from outlying projects to their plant in C-O, which they might expand? Fascinating.