Ann: Winchester magnesium carbonate quarry update, page-92

Here's the link to EcoMags Prospectus. Interesting reading and good overview of the Mg market. https://ecomagnesium.com/wp-content/uploads/2018/07/EcoMag-Prospectus-2018.pdf Extracting Mg from seawater brines.

Don't see it emerging as a threat for some time yet and in any case it may not eventually prove a threat. Looks like it could be a few years before the proposed Dampier plant is built. Capex $80-90 mill. Also the output will be a high purity grade so I guess maybe targeting the higher end of the market

Meantime lets hope Andrej can get Winchester up and going soon. There's always a buyer at the right price for anything and I would rather take a negotiated % of an aspirational something than continue holding 100% of nothing happening. All parties can be winners.