Banter and general comments, page-6371

Also, it is unlike CXO would lead the LiOH project.

More likely they would have a minority interest as lithium chemical production to battery purity is a very specialised field.

My guess is like PLS we would secure 20% to 30% equity with an existing producer.

One of my blue sky theories is Tesla setting up a Giga Borneo factory as a part of Indonesia's relocation of its capital to Borneo as Jakarta is on swamp lands and sinking. (Google it)

President Joko Widodo has indicated a commitment to start move by 2024. Also happens to be year of Indonesia's presidential election.

To make this happen, they will need some major, politically popular, transformative economic initiatives.

10s of thousands of new battery cell and EV manufacturing jobs would be well understood and future looking. Would also demonstrate benefits of Indonesia's nickel export restrictions.

Tesla have already indicated interest in being part of Indonesia's battery value plans (Google it - Bloomberg in Feb 2021 I think).

Working with Ganfeng and/or Ya Hua would be a no brainer for Tesla as already they are qualified suppliers.

Chinese investment in Australia would be the issue but like China, requiring Chinese companies to have equity in western auto factories setting up in China (excluding Tesla) CXO and a western auto with an equity stake could get it over the line.

Australia will want to support its good northern neighbour Indonesia.

Tesla has an interest in producing LiOH so who knows.

At the 2021 AGM, SB said the level of interest in Stage 3 from auto OEMs, cell makers through to chemical companies was overwhelming. Prior to this conversation, I didn't place much weight on Stage 3.

Also, remember, Darwin has fossil gas, lots of fossil gas, a key input into the calicination process. Ticks short logistics boxes to Indonesia for Tesla.

Gas ticks box for Australia Federal Government (Red and blue), Northern Infrastructure Fund.

$6m down payment by Fed's on LiOH study suggests a favourable Scoping Study finding and non binding MOU in time for March to May Federal election could be a political target.

All wishful dot joining, but if you're not joining dots with what we do, you might as well be invested in the big 4 banks.

We can only dream

DYOR as 0% of this could eventuate (but if it did....? )

Share your 2022 dots.

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