Good News & Bad News, page-132

I suspect the result of the PLS partnership deal will tell us whether or not real users of lithium/batteries think there is a need to move in now to guarantee supply. In the meantime I am sitting firm on what I have (including a recent acquisition at 49c). If the deal is good I am real happy (and all of us, I reckon). But if we don't get a deal we can survive at a decent profit on Stage 1 and hopefully Stage 2 within a reasonable time frame. This latter possibility will, as I see it, result in a reasonable share price once real profits emerge, but not the huge figures some have been predicting, which would require Stage 3 to proceed (IMO).