Ann: GOULAMINA LITHIUM PROJECT DEFINITIVE FEASIBILITY STUDY, page-95

I better rephrase first sentence - both sets of holders can post nonsense including you when it becomes a 'baiting war' between holders, instead of a learning exercise. With so many new greenfield projects required to fill the demand gap if 3000 GWh occurs in 2030, half the time I don't understand why tne debate. At the end of the day it is about demand and supply, and all DFSs are based on assumptions of future prices (and in the spodumene area all prospective DFSs have pricing assimptions well above today's levels) - hence the need for the demand/supply shortage story to eventuate and if not well the DFS isn't worth a thing is my point. At the end of the day whether finance is secured is about the DFS perception of NPv/IRR been seen to be occuring before investment is formalised.
All IMO