1MC 4.88% 4.3¢ morella corporation limited

I think that’s a bit harsh, three years from now stage 1 should...

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    I think that’s a bit harsh, three years from now stage 1 should be at nameplate or above and stage 2 funded/started. The lithium supply picture is one of demand overwhelming supply 3-5 years from now which could change the complexion of things greatly. Can you back up your numbers with some justification? As above we’re within touching distance of $70m to $100m annual EBITDA, possibly a couple of quarters to shore that up. Any reasonable PE puts us far north of where we currently are.
 
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