Surprised PLS went down with LTR,The reason LTR tanked is the...

Surprised PLS went down with LTR,

The reason LTR tanked is the exact risk PLS is viewed to not have - funding risk.

We can internally bankroll all our current growth plans even in underperforming pricing periods.

I think Quarterly will be mixed market wont like lower pricing

but I think there might be surprised out of the POSCO JV - they had the first train complete ceremony during the qtr gone.

part of me is thinking next Qtr will be the real catalyst as by then we will have:

Solid view on market post Chinese New Year - real question is, whether or not Lepidolite has been costed out or if it is being subsidised by margins from other value adds in vertically integrated supply chains
+ Solid news on JV process
+ further idea of rates movement

so im hopeful for good news but I think it'll be a slow grind until all market participants think we have bottomed out, bc then sentiment buying from lit processors occur