Wrighty,Azure will not be producing lithium at Andover for at...

Wrighty,

Azure will not be producing lithium at Andover for at least 5 years.

The outlook is pretty robust.

The aim today is to discover bulk inventory.

Rinehart has not moved into lithium because she is stupid.

She got her start when she bought iron ore assets from bhp as bhp said no good.

She will prove this up, may even sit on it, who knows.

Raiden if they get decent tonnage, does not have to be azure size.

If 20%, that would increase lom by 20% or production by 20%.

Remember to, raidens ore would go through one plant, the extra profit would be greater than 20%.

Raiden will never mine, reason why have two plants next to each other, also effeciencies for azure as mentioned above.

It astounds me, how many people have 6 month, 1 year, 2 year views, when projects the scope of azure Andover is 20 years plus.

Also close to infrastructure.

For raiden, it will boil down to strike length, width and if lithium exists under soils in the south.

It is why I think raiden are quiet. Examples, soils done at Andover, no map, but soils done at Mt scholl grid map.

Faults, crappy zoomed out map, no litho.

No timing when second rig landed.

If raiden gives away critical data before getting drills in and proves there worth, they might get done cheap.

That occurred with spectrum at pennywest. Hit it deep, was in litigation. The very next day after litigation ceased ramelius announces a bid.

That shows companies that wish to buy another, have made there mind up and await a trigger.

I believe azure will want raiden if they can add to azure deposit.

The question is what price. This takes us back to raiden most likely hitting other zones, so there atleast tested if azure moves.

If you have not tested something, it often is valued at zero premium when talking money.

If Rinehart did not have much money, I'd probably have less Weight on azure moving on raiden.

Strike energy tried to buy there partner, Rinehart came in and outbid strike.

So there is history with her. She also is attracted to bulk tonnage deposits.