trying to value gxy, page-3

That's interesting about the logistics Hosh - didn't think about that. Surely it's not more remote than some places in WA? But 4000m above sea level is a different ball game. Still as in the book - Bottled Lightning The New Lithium Economy - the brines do get processed no matter where they are. I guess the cost is the greatest hurdle - $380M was the latest if my memory serves me well. That's only doable if the Koreans put up most of the dosh. We'd have to give them a greater share than 30% of SdV for this to happen I'd guess. I agree with you re management - they have failed us and looked after themselves with very high wages and gifted shares and options. The role of every board is to look after the shareholders first. That's why I didn't like the fact that Iggy held so few shares. A new clean sweep with good managers would make a world of difference - and give confidence to the market. Interesting few weeks ahead of us.