I hold both PLS and AGY. The point I think that is being made -...

I hold both PLS and AGY. The point I think that is being made - and I agree with - is that until PLS is able to move up the value chain (which is the plan), it is always beholden to the converters, especially the Chinese ones - and is essentially a price taker. But I still like PLS, as it is a massive and strategic asset, with good partners. AGY, being a brine play, is a junior in the business of making final, or close-to, final BQ Lithium carbonate and hydroxide - the intent is to become a specialist lithium chemical producer, tailored to the requirements of a battery maker - hence the poke at the spodumene producers