So the issue was a lack of ponds, which is not something that...

So the issue was a lack of ponds, which is not something that management could just tweak some levers to fix. The plan was to address these bottlenecks with the stage 2 expansion, but you may remember that 5-6 years ago the lithium price collapsed, so that expansion was shelved, along with every other lithium project on the planet. It was very unfortunate timing that the ramp up of olaroz coincided with the lithium price collapse, which has left the project half done for so long. Easy to say "they should have got it going anyway!", hindsight is a wonderful thing. Doubtful they would have been able to get funding even if they wanted to continue. Lithium companies were poison at that time. Covid didn't exactly help either.

Stage 2 brings a very significant increase in ponds, to not only cover the stage 2 expansion but also the shortfall in stage 1. It's been a long time coming, but this is a monster of a project and it's getting very close now. H2 CY22. Management has done a fantastic job getting things moving through covid and we'll be ahead of the pack bringing online new supply. Those crappy contracts are being worked through the system and will be a thing of the past in 12 months time once the Stage 2 production starts hitting the market. This company is being built for the long term, 2023 will be when it hits the bottom line. And this is an enormous resource, Olaroz will be making a fortune beyond any of our lifetimes.