Ann: Phase 1 HMW DFS Delivers Compelling Economic Results, page-359

$550M is about right for an opportunistic bid. That'll be about $1.65 correct?

I reckon in the current environment most shareholders would probably roll over for that, with maybe a Greenbushes spinout. Management don't have enough for a blocking stake, and many of the longer term retail shareholders have left with DFS delays, so we are in danger.

I'd be bitterly disappointed given we had so much more potential if the management team had been more competent and less greedy, but in the current environment, its a return on investment.