Ann: Shipping Update, page-10

It's very interesting that poss offtake partners are still talking to AJM, when there's supposed to be a glut or oversupply in the market.

Those who keep saying that shutdowns of li miners that have slowed or stopped production says it's good since supply is taken out of the market.

I don't understand that, since if these supplies are not being taken up, that means why should they be considered as supply available to the market (eg low quality, not suitable, whatever)?

In short, the buyers don't want them or don't want them at the price being demanded by the miner.

I know I might be opening a can of worms here...