Firstly, the offtake never terminates, it's life of mine....

Firstly, the offtake never terminates, it's life of mine. Rather, the order of priority changes. There is a BIG difference between the two, which I've expanded upon in previous posts (and won't repeat here).

if the carbonate plant is developed to accommodate the refining of current spodumene production, the NAL stalemate for future expansions exists exactly as per today. Being why would SYA fund 75% of an expansion to Spodumene production capacity for which it won't receive anything near 75% economic value for, given PLL would be receiving it's share at US$900/tonne. My comment stands: for as long as SYA and PLL remain as separate entities, full NAL value inevitably won't be realised.

Secondly, a 2 year timeframe is clearly not happening. SYA holders have been saying "2 years" for nearly the last 2 years. Absolute rose tinted glasses on your behalf. This is less important though. My first and second paragraph contains the key message.