Ann: Kidman and SQM to form Mt Holland JV, page-115

Your timeline is very ambitious, your price targets are frankly not of this world! Personally expect next couple of years to be spent on getting everything completed on the mine and spodumene concentrator. That will take funding from both parties, read dilution, doubt you see much in the way of appreciation in that timeframe. Later on all depends on refinery. Who knows what carbonate or hydroxide pricing will be in 2020 timeframe. Prepare for a long hard slog. Big investment returns aren't made overnight when it comes to developing a mature business.