I'm not so sure A40 are at the stage where they need to...

I'm not so sure A40 are at the stage where they need to contemplate a reduction in the sale price of the spod coming out of Bald Hill. Whilst we are seeing some other players discounting their product for a variety of different reasons (mainly internal), our product by all accounts is somewhat unique and should Burwill not want to pay up there would no shortage of suitors.

Lets not forget the quote from Tribeca’s Hayden Smith.....

“The project has the lowest capital intensity in the sector and produces a coarse product anomalously low in magnesium, iron, mica and other deleterious materials, making it highly sought after by lithium converters,” Mr Smith said.
“We believe that Bald Hill spodumene will ultimately command its own pricing mechanism, much like high grade iron ore or high energy thermal coal.”