CATL makes its entry via Lithium Plus Pty Ltd?, page-192

To be clear, the line you are referring to is:
"SP reflects a market view IMO that they don't expect AVZ to go to market before 2025 or even 2027, IMO (refer previous post)."

It is not my view, but suspect it is the markets view and hence, in part, why the SP is where it is (along with missed timelines).  Personally I think 2020/21 is a big ask IMO so if they achieve that I will be pleasantly surprised, and indicates they have got a move on and certainly are thinking about short term and long term transport options.  My own view is 2021/22 (or 2022/23) is the earliest entry point, and that requires pulling your finger out now,  and I stated this in this Post #: 37507888 , highlighting the relevant bit in that post in italics below:

"Essentially a DFS must IMO only use transport options that are known, or are the ones where you are investing capex to fix up so that they are in play when you start production.  I doubt you can model transport options that you are not personally responsible for upgrading - the criteria to include or not in a DFS is pretty strict - unless construction has started and/or there is a definitive plan in place for other transport options in play (and are totally financed)  which you may leverage from (despite you not funding them) in your DFS and can be assumed to be in play prior to production starting.  Because AVZ is, in part, relying on others to fix the east transport routes IMO it will be difficult to assume these are available in a DFS written in the next few months for an assumed start production date  even in 2021/22 - i.e. the ASX will be risk adverse in that regard IMO."

I'll add to the above - can include new routes/upgraded routes if there is 100% certainty they will be completed before you get to production.

IMO

Yep, spot on and that is my view in short. I wish I was that succinct. 

It is timing to market that is the key issue for me.  Relying on someone else to provide the transport infrastructure is the timing issue concern here IMO, hence why IMO AVZ needs to think of the short term transport option to get to market, and then transition to the required long term transport solution when it becomes available (i.e. evaluate the full ambit of road/rail/barge options available for the short term solution, but have in the back of your mind those options as infrastructure improves longer term been plan for the change). 

And AVZ getting a move on is the key, as no point having a great resource if can't exploit its potential to its full value, including entering the market at the 'right' time.  I have no doubt the resource will be exploited in future because transport will be sorted out in that part of the region in due course - the question for me is can AVZ get its act together to get this to market by 2021/22 and that is the uncertainty here reflected in the current SP, and transport routes/viability is the key to that uncertainty.  The numbers can stack up, and that is what I have shown, so it is time to market the key.

All IMO

Agree, the DFS is the critical document here for us mere mortals, especially how they intend addressing the timing to market issues and what the transport options they are looking at are.  Will comment more when they release that doc, and will do so by testing what I have written in this thread of late.

IMO IMO IMO