I think a lot of posters are missing the true value in this announcement. On Friday you had investments in a mining company. Today you have investments in a company that not only intends to mine their product but they also intend to ensure they control the ultimate processing of their product and they are now a vertically integrated company that controls more than just digging the stuff out of the ground. PLS management see the huge margins being made by others who take the raw product and process it and figure, why don't we do that. I'm excited beyond the BOA. This is all about controlling your own destiny and being a world player in more than just the supply of raw product.
Ann: Binding Off-take & Downstream Processing Agreements-PLS.AX, page-68
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