While the interview was a well needed communication piece the...

While the interview was a well needed communication piece the facts that came out of James' own mouth were both good and bad.

Good
They understand the mine a lot better than before they bought the place which may help with nameplate as it seems they went in almost blind.

Refeed system and Ore dome storage should see namplate guidance closer to what was put out by previous CEO (wait for updated guidance from company announcements)

Concerns
If nameplate guidance doesn't increase or get reached, we are basically a company that produces spodumene as a contractor for PLL at below cost. FOREVER. If 77,000 Tonnes are left we still only get 75% of that so 57,750 Tonnes if it is even allowed to leave the JV.

This BOD made poor negotiations for majority of the product to PLL for basically nothing. making $100-200 per tonne is not great when you do all the work and take 75% of the risk.

When James referenced PLL in the same sentence as Moblan made me shudder.,