WR1 General Discussion, page-32499

We are also not facing the overheads that a Minres is, we are not a producer with a large workforce.
We are positioning for the development scenario in a few years, plenty of time therein that the unprofitable supply is demobilized, and creates its own vacuum to create the volatile upswing for lithium 3.0.

Meanwhile, all that risk that comes with AUS, Brazil, Europe, Africa comes home to roost serve to not deliver the modeled supplied. Makes us a prime target for a predator, in a jurisdiction with a uni political party EV ethos and regional stability.

Seriously, if you were an OEM, and you wanted guarantee of supply ? You dont bet your end of house product line on at risk jurisdictions.

Even if you were another PLS, and recognized that you were incredibly exposed to your main horse (AUS) being strangled with a ring of steel, (China- Taiwan- USA / AUS) you would want to diversify with a tier 1, low capex alternate that is geographically safe.