Spot on BR, if you watched TS on Bloomberg this morning he said...

Spot on BR, if you watched TS on Bloomberg this morning he said BMW spent four years doing their DD!!!!!

DFS was delayed due to a huge change in conditions as Covid took hold and inflation ramped and then Ukraine was invaded. Of course, those of you who think everything is simple would consider the delay a huge red flag. Some of us see it as an intelligent change of course. Stage 1 will be spodumene now IMHO which is a far quicker and cheaper route to market, then find a wealthy German chemical company to take on the hydroxide plant. They are far better at this than a new player starting from scratch and finding the pitfalls.

Like you BR, I have a good understanding of the issues down in Kwinana Beach. These plants are tricky and the big bosses often want a quick fix to a complex puzzle.