Ann: Core Lithium 2019 Annual Report to Shareholders, page-18

Good response and I agree with you.

Coming to market later rather than sooner will likely result in higher spodumene prices.

If they can achieve close to the stated US$300/tonne cost of production and get >5.5% concentrate then that will leave a healthy profit margin at spodumene prices at or above the prices of today. Hopefully with the simple plant design those numbers are achievable in a relatively short timeframe with minimal changes to plant design etc.

Seen the PLS plant in action first hand at the start of this year and yeah it looked like a bit of a mess with stuff flooding out onto the ground and being sprayed out. Usually my vehicle was covered in a coating of grey crap by the end of each day.