Good News & Bad News, page-34664

Increasing our spod production line to P1500 and beyond is the best investment we can make. We have ample ore and we should use what funds we have to get it processed and sold. CXO has a huge water problem and as an underground mine may not be able to operate during the Wet Season.
On a slightly different note, I think we should conserve our cash for any unexpected headwinds ie even lower spod price or unscheduled plant maintenance. And those dreaded Black Swan events must be expected. Having cash in the bank gives us the ability to overcome adverse happenings, unlike Liontown which IMHO is now hostage to the banks. Unless Liontown comes to profitable production on schedule I foresee the banks shutting it down the same as they did with Altura. Of course, Gina may then come to their rescue. Sorry if this is a bit off subject but I see some similarities between Altura and Liontown and a need to keep Pilbara free and clear of the banks.
Cantankerous James