It seems to me that before we consider dividends or even stock buy backs,
the following would receive a significant priority:
1) Continued exploration and expansion of the existing facilities to meet
steadily increasing demand.
2) Continued expansion of the pls/posco joint venture facilities to meet steadily
increasing demand.
3) Continued development and expansion of the lithium salts project
4) Utilization of cash stockpile and experience for either acquisition or merger
with a green field company that shows promise.
5) Determining and executing other possible down stream activities such as our own
or joint Australian chemical plant.
If, as many of us expect, the transition to ev's is going to accelerate much faster
than many of the institutional experts are forecasting, the company is going to
need a lot of cash to take full advantage of the knowledge and experience it has.
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It seems to me that before we consider dividends or even stock...
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