I am a long way from being an expert on availability of processing capacity for spodumene ore around the world, but mineral processing capacity is generally built close to a mine. It is unusual to build such capacity dependent on bulk ship ore. That is the reason for my caution about the bulk ship ore proposal. The same, to a lesser extent applies to the proposal for the 2% spodumene proposal. That was suggested by management with a caution if a market could be found. We have had no announcement that a market has been found.
ESS Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held