Agreed.
Also, a good portion of the PLL initial profit will find its way back into the JV for the completion of the carbonate convertor (25% of the cost). Beneficial to have a pre-committed well-funded JV partner (who, incidentally, is practically committed to completing the concentrator within a time frame as part of the terms of the JV restart agreement with the Quebec government).
Key to breaking out of the short shackles will be the lithium price (which, I believe, will head north very soon).
PFS for the carbonate convertor should be dropping soon.
DYOR
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