Actually a good buy down at this level.Mt.Cattlin, Sal de Vida,...

Actually a good buy down at this level.

Mt.Cattlin, Sal de Vida, James Bay all now priced ca. $200m AUD.

Next quarterly is likely to be very very good due to the cash received side. Already know 44500t has been sold waiting to load onto ships at Esperance port. Ref: http://epsl.com.au/Shipping/LongRangeShippingForecast.pdf

Another shipment (signalled by management) would put quarterly spod sold at 65-70kt.

Watching with keen interest. Likely now on either side of the short-medium term bottom, albeit dependent on lithium and broader market movements.