Thanks for your answers to my questions @Pistol007.

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schmunzel75

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11/12/23

22:33

Post #: 71393512
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Originally posted by Pistol007 ↑

Hi schmunzel75,

Thanks for you comments, agree always good to hear both sides.

On the Toyota partnership, I'm not sure if the merger negatively impacts that or not, I would assume that the offtakes we have with them remain in place while combined we have more offtake partners such as Tesla etc as you mention. Given the expanded growth opportunities we should have more than enough capacity to satisfy all customers and perhaps the expanded group would be viewed more favourably as they would prefer to deal with less big players.

Management as you mention is a big consideration (even though I didn't mention it in my post). Essentially, I haven't been happy with either management, both have continued to miss deadlines. I realise working in Argentina is not easy and there clearly have been issues with imports etc, but they never been clear on the specific reasons and continue to not learn from there mistakes, the SDV delays are another classic example, you would think they could learn from Olaroz delays and avoid. Livent have similarly had the same delays, again maybe it just take longer to build and commission brine in Argentina, if that is the case, say so and reset expectations. On Paul taking over as CEO is probably a net neutral, personally I'd like the merge to happen and for them to look for a new CEO with build and operate experience to get all the projects off the ground. Martin seems like genuinely nice person and is an Argentina local, but I'm not sure he is up to the challenge of the combined group.

Thanks.

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Thanks for your answers to my questions @Pistol007.

AKE Price at posting: $9.25 Sentiment: Buy Disclosure: Held
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