Banter and General Comments, page-19990

If you're referring to Piedmont, they plan to produce 22,000 tonnes of lithium hydroxide.
Vertical integration is advantageous in increasing profit margins.
Galaxy chose not to return to vertical integration from Mt Cattlin because the remaining life of the mine was too short.
It seems that a company not producing with a mine life of ~18 years with a plan to produce lithium chemicals is more valuable than one that has a mine producing with a bit over 5 years life in it.
If Galaxy wanted to size up to Piedmont they have James Bay with a similar mine life, they just needed to present to the market a plan to also include a converter. Unfortunately the company didn't see any value in that idea.
To compare to Piedmont in a lithium chemicals perspective Galaxy are aiming for 12,000 TPA from Sal De Vida which should have more margin in it than Piedmont producing 22,700 from hard rock the problem I think is that the company has been unconvincing in its desire to execute. Since Simon has come along we have seen change come about, however I think more change needs to take place that I would imagine is outside Simon's control.
@SplitFusion you mentioned earlier an expectation of Galaxy being worth $5 billion by 2025. Given that the aspirations of the company achieving 100,000 tonnes of LCE appear out of reach and it's more likely to be closer to 40% of that. Why do you feel this company will be worth $5 billion by 2025? - I like to see people substantiate the numbers they claim will be so I can understand an alternative perspective.