Less risky?1.) Nothing more risky than Ganfeng having Pilbara...

Less risky?

1.) Nothing more risky than Ganfeng having Pilbara by the marbles with a pricing mechanism they have not and never will re-negotiate with Pilbara. Why Ganfeng so quick to agree to pricing mechanism? Ken was surprised about their cooperation, in discussion with podcast Joe.

2.) 6 month lag to current SC6 prices w/- consistent 20% discount to Mt Marion

3.) Continually deceiving about origin of Fe in Spodumene concentrate, and a shareholder base fabulating but then perplexed about 1.8% Fe means, such is the unbridled belief and delusion in Aussie backyard plays. Hey @DrManhattan ? Recall?

4.) A management that likely sells knowing CATL have started due diligence “5 months” overlaps or with a week of selling.

5.) A profound ignorance by WA lithium about how it’s sub optimal SC6 impacts on quality of lithium derivatives producible. Tianqi Lithium (Greenbushes) quietly chuckle...

6.) Why do they process if crap? See 1.) because the margin allows them to do so. Ganfeng made a profit last year...

8) quality does matter. And does impact on end products and economics

9) Greenbushes Talisons shows the lies of moat HR Spodumene plays.

10) question is can vertical integration work with such inconsistent feed meaning high cost of processing

11) AVZ Manono low risk comparatively

12) ask Robert Friesland about risk in Congo: loving it ✅