Yes, these points are true but another oversight was the actual running costs are higher than predicted during the D.F.S. With only Greenbushes as a yardstick, and their OPEX is quite a closely guarded secret, I think we have to accept that our break even costs were definitely on the optomistic side.
Nevertheless, possums, we all live to fight another year and it puts the bed, at last, the big elephant that was in the room, the looming debt repayment. Market forces will turn slowly in our favour and we WILL be cash positive at some point. Maybe too early for stage 2 but I'd hope its considered in the months ahead.
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