General Discussion Banter GLN, page-12814

i have the feeling that jp will surprise us with something again. this silence around greenbushes is quite strange.

i estimate the costs for the stage two dfs to be around 400,000,000 - 440,000,000 usd at the moment. this would give us a capex per ton of 20,000 - 22,000 usd. we are currently at stage one with a capex per ton of around 22,000 usd. even with 50% debt financing, that should bring us back to where we are now in the 4th quarter if jp hasn't received any money by then. for the quick strategy that we are currently pursuing, it is absolutely necessary to raise at least 50% of this sum by next month or before the release of stage two dfs in order to avoid any further delays. that's probably how shorters would argue.

selling greenbushes would be an ideal source of income. the silence around greenbushes can a) mean that nothing spectacular has been found and they don't want to lower the price before a possible sale, or b) that something has been found that has yet to be confirmed and is already in negotiations to sell it. greenbushes doesn't make sense in the current form and phase. it doesn't fit into the strategy and it would be foolish not to make this move. just my opinion.