Ann: Mt Cattlin Mining Approval Granted , page-16

Weighed against that statement PP is the increased sovereign risk associated with the salar deposits in South America.

Bolivia has the greatest deposits and we all know how well foreign investment is going in that country.

If you look at ORE's ground also - they only hold around 80% of the lake they are on. The rest are owned by small local miners in a messy hodge-podge of tiny licences. Plenty of scope for trouble there if some of those local miners get the idea in their head that ORE could be draining brines from their own licences which cover the same lake.

At the end of the day its the ability to get the lithium out of the ground and to market that counts. Galaxy are in a stable, developed and open economy where investors such as CREAT can invest and be safe in the knowledge that things will get done and lithium will be delivered to its doorstep. You cannot say that about the salar's in south america.

Meanwhile Greenbushes has been producing spodumene for how long??