Our tie up with PLL will prevent us from receiving any such bid...

Our tie up with PLL will prevent us from receiving any such bid - its too messy with our offtake relationship and JV ownership of NAL. Without any additional growth we are not an attractive asset to buy simply due to the ownership structure.

THIS IS WHY BRETT THREW A TANTRUM AND QUIT. He's too wedded to PLL. If anything was made clear last week its that our future is not with some company based down in North Carolina USA getting their lithium delivered at or below cost.

I am guessing that the smart money who stumped up the cap raise are seeking a buyout/takeover as a best scenario exit position, and with the most favourable premium attaching, so I'm fairly certain they were behind the scenes in our change of management knowing Brett was a roadblock by serving the interests of Keith Phillips first and foremost and whatever personal relationship they may have.

Keith speaking up to defend the performance of NAL after Brett's departure strongly speaks to backing up his personal mate. In effect Keith was speaking up to save his friend's reputation.