Low pH Timeframe and Opposition, page-37

Y3,.. Yes I think Low pH was the direction for lance in the mid term, Alkaline was a quicker regulating process to production, locking in contracts and building the plant.. and means of cash follow until regulatory permits was more favourable to move to Low pH,.. section 232 has help a lot with regulatory,... Just look at the regulatory hurdles with Alkaline permits PEN had, and that's only 4 years ago....  Yes Alkaline production was disappointing hoping it would cover cost till Low pH transfer,..... Gus had all the data he would of weight up all options Alkaline and Low pH,,,.. Pala was on the board...
Poor Alkaline production has brought forward the move to Low pH.
With hindsight its work out PERFECTLY time wise.