I'm very bullish on high quality low cost producers in the...

I'm very bullish on high quality low cost producers in the lithium space. My largest positions now are PLS, LAAC, Albermarle, LAC, MIN and then Arcadium (In that order).

My concern is MIN's operating performance with its mine has been historically very poor. Given the weak pricing envrionment and MIN's more leveraged position the market may not react very favourably to an operational miss tomorrow. Pricing is more os less telegraphed at this point.

Im confident MIN will get through the cycle fine, and will continue to add if I get the opportunity cheaper. Min is going to have a very good Iron Ore business and the services business will likely have a record year (which will support the interest payments).