Ann: Sale of Mt Marion equity for A$104M and retention of Offtake, page-13

I suppose it all depends what they do with the cash, my thoughts are spodumene prices are currently low and we do get to keep the off take, albeit we need to pay market price for it, but it’s a guaranteed source of feed for the Lioh plant which we can now get on and build.

Like you my gut feel is the bid is a bit light but it takes us forward time wise, with this funding we can increase profit through other projects rather than sitting slowly gathering cash. First priority now must be to replace this annual income stream and first out the blocks would appear to be the DSO deal, fingers crossed we get good news on that early 2019, Loop.