General Discussion, page-4325

Ganfeng can buy LLL Shares of the JV Company (40-45% depending on the LMSA). That does not need FIRB approval.

The cash would return to LLL and LLL can distribute and / or possibly have a new venture. Shareholder should decide.

Most of the margin is with the miner currently so I disagree that they would not be interested.

The Albermarle / Liontown offer has started the M&A activity in the sector. As can be seen by today, a rising tide lifts all boats pretty much.

Move quick if you are considering an offer.

I would also say, FIRST OFFER - BEST OFFER.

Looks like Albermarle have actually really cocked this up now. Would have got it for $3.00 last year in all likelihood.

They will need to pay nearer $4.00 a share than $3.00 if they really want LTR feedstock for there WA converter now.

IMO