big buyers entering the market, page-393

Hi Clappos,

No problem, the long termers in here are always happy to help out. Basically, what I am suggesting is it looks more than probable that some of the newer producing projects and some coming on line in the foreseeable future. Have considerable quantities of Lithium Mica, in addition to Spodumene.

This is what our LMax needs. Competing producers having a by-product (Mica), that only LMax will be able to turn into $$$.

That is if we can successfully continue down the path of getting our project on line. Its looking good so far, but there are still risks and nothing's a given. But it's looking good.

Also guys, it's worth remembering back to when PLS signed an unbinding MOU with CXB (LIT), with regards to their LMax licence. (Sileach wasn't even a thing back then, it was all about LMax). That relationship has evaporated, but why were PLS entertaining the idea in the first place. If they also didn't have known Mica mineralisation?

There's no shortage of the feedstock we need, but there is a shortage in options for these producers in converting this feed. We may just have a monopoly in that space.