One thing this company doesn't have is a great deal of shares on...

One thing this company doesn't have is a great deal of shares on offer, however they do have the ability to enter the market with magnesium production and a partnership with a spodumene converter.

The 40% partnership is of benefit. Primarily because the partner being in the industry they are in that requires spodumene feedstock which is very tight already and also I believe they will drive the JV forward on this need. - Its not going to be a rapid movement. We know that scoping out and then moving to build can take some time. Some of the companies that are currently close to the position to be able to construct are not going to meet the market until 2018.

But its all about location and Greenbushes is a well known location, and it is likely any portable device that is viewing this post right now may have some of the resultant lithium in them.

If the holders are patient and refuse to meet the sellers who knows where this could go.