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08:42
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Originally posted by GGG77:
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There's that controversial topic again. The highly debated TO theory. I enjoy these conversations because it get's us thinking about the possibilities. And at this stage anything is possible and many potentially predictable theories are not necessarily predictable. It wasn't that long ago that we're getting told by the BOD they would be seeking a JV partner with deep pockets and a good chemical background. Since Tony got on board it seems many things have changed. We've demerged the non-lithium assets (absolute master stroke) and now they're talking mining KV themselves as if they never entertained the idea of a JV. Tony also snubs the idea of selling anything, backing up his argument with the justification for leaving BHP. He wouldn't have jumped ship only to polish up KV and sell it off. We can thank some of the long termers for attending more recent meetings in person and delivering the feedback from one on one conversations had with members of the Board. To add to this Tony's more recent affirmation regarding the "not for sale" stance, he stated during the recent Boom in a Room conference "Not a day goes by where we're not approached about Buldania but we intend on keeping it".
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Excellent post @GGG77 . Only thing I would like to throw in is what is Tim's aim in life. I would guess that he has more than enough money for his lifestyle. Whilst I would agree everything has a price I would also suggest that, as you get older, money becomes less important than achieving an ambition. Unless of course you need the money.
(20min delay)
