Not sure about JL, who was gungho about GXY for a long time but...

Not sure about JL, who was gungho about GXY for a long time but has recently been a bit sniffy. Does he have an agenda? Who knows? Re the comment about 'marginal', it's presumably a snide reference to where MC sits on the comparative cost curve. It's not accurate to describe MC as 'marginal', when even the current prices for Li allow GXY to make a big profit from MC. As well, the recent improvements and increased recoveries should have moved GXY down that cost curve. The annual report for 2019 will tell the story.