Like you, I've read the projections till the cows come...

Like you, I've read the projections till the cows come home, Obviously there is a disconnect between these projections and reality, otherwise Balama would have been pumping in 2023.
It's been ready to go at nameplate for years and up until recently, China has been the only buyer.
Where is the deficit Mr Pippet? It's obvious not the mineral. It's the AAM, The PSG. Sure I concede that WILL change as further AAM plants come online but Balama still has an incredible amount of capacity to soak up until then.

Not really sure what my point is, just laying down some observations, maybe my point is that BKT will inevitably, yet slowly go up once progress keeps trickling in. But I suspect it will only soar once the new and existing AAM producers extinguish Balama first then come searching for the second best!