Media Reports, page-2123

I'm pinning my turn around hopes on Vidalia's commercialisation. The anti-dote to shorters is consistent increasing revenue which Vidalia will provide. Insto's invest for the future not today if they can see a clear path towards revenue increasing. It will at least 2 years before Balama gets to full production unless the Chinese start buying at volume again. We need more ex-china non-integrated AAM plants which qualify for the IRA to sell to. Not too sure how many and what size are under construction. We know about POSCO and Samsung via the MOU. I'll have a look to see what size plant Samsung are building and their timeframes. SYR mentioned a few others without naming them who they are currently in negotiation with.

The SP is ridicules but unfortunately there isn't much which can be done until positive news starts beginning with Vidalia being completed. If the missing pipe is for the purification process, the only reason why they can't start calibrating some of the mills and shaping machines in the mean time is if they have already connected the shaping machines to the purification process and can't disconnect it. It looks to be a continuous process but I'm no expert.