Ann: Ceasing to be a substantial holder from MUFG, page-44

1. LPI/MSB doesn't control anything has to play in the same market as others, still feel they should have tried to sign earlier if they couldn't that's fine, just becomes bit harder in current market conditions
2. Absolutely disagree, increased NPV of 250mil is small in the bigger context... besides there is increased capex & opex probably that scares potential investors more.. not easy to organize funding of US$600mil/A$800mil approx. Still possible with some smart moves hope they can do it by May/June... otherwise the option of selling the business should be on the table
3. Li oversupply was never in the picture only started after MS released it's Li price drop report last year.. but its happening and have to live with it, you are right likely to revive by 2023 but we need funding now... and competition for funding has somewhat increased  
4. Agree, Chilean govt & stakeholders is the biggest negative it's holding LPI back