So, 1MC should have a 60% stake in Fish Lake this year after...

So, 1MC should have a 60% stake in Fish Lake this year after satisfying the earn in agreement.

MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum




Then in 2026, 1MC has the option to acquire another 20% interest in the project, bringing their stake up to 80%.

Then, by 2027 1MC could acquire another 20% interest. Therefore, 1MC could own 100% of the project.

MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Altura Negotiates Earn In Option for Nevada Lithium Project, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum




My guess is that's why the BOD continue to buy shares on market.

MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Change of Director's Interest Notice, 78558900, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

I think Interra might be happy to raise some of the cash needed to help 1MC secure the project in the US. How many other entities would like a project in the US?

MORELLA CORPORATION LIMITED (ASX:1MC) - General Discussion, 77170524, page-2155 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Non-Renounceable Issue, 76269175, page-59 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum



Immediate Measures to Increase American Mineral Production – The White House

I'll be content with a 60% interest, it's better than a poke in the eye with a blunt stick.