that's a pretty good post sam91.The con as I see it for MLM is...

that's a pretty good post sam91.

The con as I see it for MLM is the current world demand is 5-10t a year and MLM want to produce 40t a year. So essentially MLM are saying this is a build it and they will come project ie a field of dreams.

However, if they can lock in an offtake agreement with someone then that shows they have a little more then a dream.

Offtakes of course are a long way down the track.

Also a 4-8 times increase in world supply must disrupt price some what yes or no?

Having said that MLM are in a unique position of being able to self fund a lot of work through the assets they hold.

So not saying this is not going to be a winner but they certainly have a challenge that is unique amongst the listed companies I know of.