Just give it a year or two, high cost capacity is coming out of the market, it will take time but as a couple of industry experts I have heard say, lithium is the same as iron ore 20 years ago, lots of capacity expansion but it will come down to a few large players that will control the ore, do it at low cost and it’s good that Bill wants to partner with one of those (Minres) to toll treat it through bald hill
Ann: Woodlawn Funding and Valuation Update, page-37
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