Can someone please explain, page-9

Help me reconcile these statements... At the Swiss Mining Institute presentation, Athony Tse said:

1. That hard rock spodumene mines take roughly 3 years from funding to get to steady state production; whereas
2. Lithium brine mines take roughly 6 years from funding to get to steady state production;
3. He then goes on to say that robust conditions should persist for the next 2-3 years.

So why are we not prioritizing James Bay to take full advantage of the pricing environment? To take it one step further, why are we not in conversations with Nemaska Lithium $NMX.TO about a business combination?

Anthony Tse suggested that 2/3rd of Galaxy's capitalization was attributable to Mt. Cattlin. That means Mt. Cattlin is being valued at ~US$480m. At 17-20kt of attributable LCE production per annum. That is around US$24,000-$28,000 per tonne.

Nemaska Lithium's current fully diluted market cap is roughly US$460m for nameplate LCE production of 28kt per annum or about US$16,000 per tonne. They are scheduled for commercial production in 3Q18.

Would a merger of equals (50% premium to Nemaska Lithium's closing price) make sense?

Also in Swiss Mining Institute presentation, Anthony Tse mentioned that there was an opportunity to build a hydroxide conversion facility. Does it make sense to have two regional facilities? Why not consolidate the two James Bay assets and build just one conversion facility?