2021 and beyond, page-7057

I wholeheartedly agree with you.

There will always be people who say that we should wait with buying until the next news come out about Kachi, like Novonix second results, pilot plant progress, DFS progress, off take announcements, then financing announcements.
For sure, if someone only tolerates such de risking level in his or her portfolio, no problem, but the big gains have been and could be made during the de risking process.

By the time we de risk Kachi, the SP could be much higher.

And then the same people will repeat the same things about Cauchari, Olaroz and Paso (and maybe Catamarca). So yes, if someone likes to already buy an operating mine company, that could have less execution risk, but the potential SP upside is also limited.