Li-related News/Articles/Reports, page-4742

@Kaeho

It's no different with the budget issue for the 2 ktpa operation where the contingency amount was never disclosed. You can't go over budget if you won't tell anyone what the complete budget figure is.

JZ's never going to come out and tell us that AGY had a better deal on the table when times were good, but they passed because we didn't have the permits squared away, or because he thought we could do better (commercial-in-confidence, bla bla bla). Whatever deal he eventually signs will of course be the best, because he'll tell you so.

It always circles back to just having to trust JZ and take his word for it. I don't believe for a second that an offtake signed late last year wouldn't have been better than a deal done now. Ask SYA how they feel about cutting a deal to sell 113ktpa of spodumene to PLL for a maximum of $USD900 per tonne for the life of the mine? Timing matters.