Summary: - Disappointed that the sp wasn't allowed to keep...

Summary:

- Disappointed that the sp wasn't allowed to keep running, and this done next month pre DFS when hype would surely have pushed the sp higher. But who knows if it would have retraced as the Tesla hype died down (unlikely)?

- We are almost certainly in a position financially, to go mining in 2017. Woo hoo!

- Lowball T/O offers *should* in theory, now be protected against.

So we now have a degree of certainty, we'll become miners. The market and instos will like that, a lot.

Greenbushes sold 49% for $800m or so, 4 years ago. $1.6bn before all this EV / Energy storage / Lithium demand, was foresaw.

In today's market, it would surely have been worth around $4bn-$5bn?

With higher processing costs due to a lower grade, but factoring in the probable larger resource size, I'd say it's not a stretch to think we should hit a MC of around the $4bn mark, when mining, and hype could take that a lot further.

Demand is soaring, supply (of the good stuff), is reducing, leads to Lithium prices skyrocketing, and our resource value going up each day.

The perfect storm.

Perhaps a ST dip in SP expected, but meh, in the greater scheme of things, it's a minor blip.

An excellent play by management.

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