Banter and General Comments, page-13332

Re listened and went back through the Strategy Presentation.

In regards to SDV POSCO only gets a mention in regards to the cash deal.

Pg 17 & 20 they mention cost reduction potential by sharing infrastructure with neighbouring operators.

No where do they mention how POSCO develops their plant may impact GXY. If FID is delayed due to this then it would be rather annoying to say the least. Certainly not based on what the market has been informed.

Timely and cost efficient expenditure on infrastructure is of course very prudent.

Thats not to say that they may be dragging their feet a little as they are in the process of negotiating a JV with POSCO. A JV of this nature would be extremely complexed and would take alot of time to finalise.

For me the most likely partners are either POSCO or Livent. POSCO being the favourite.

An announcement for a JV with POSCO would certainly put a rocket under the SP.

Im happy to be corrected on your point re the plant element though.