I get that we COULD be a merchant chemical plant doing conversion on 3rd party ore by why WOULD we?
That and
1. SECURITY of SUPPLY ... even Australia has "issues". Transport is an issue (see COVID-19 disruption to shipping for example)
2. INTEGRATED SUPPLY ... same IRR with much larger NPV and EBITDA
3. LOWER CARBON FOOTPRINT ... how's that messaging work ... fantastic resource 6 miles away from the and you would ship spodumene from half way across the world???????
This is like a "tolling" operation with gas and LNG. Do you want to be Shell/Exxon/Conoco or Cheniere?
I get that we COULD be a merchant chemical plant doing...
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