Probably one hand clapping here, but anyway ..I watched the...

Probably one hand clapping here, but anyway ..

I watched the video CritMin put out last week - looks professional and comprehensive.

I do worry though that they are are talking about biting off far more than they can chew. Not only are they taking on developing a new mine and processing plant, they are now betting that they can also competitively produce electrolyte and also successfully manufacture and maintain flow batteries. If they fail to deliver on any of those activities then the whole caboodle would surely be dragged down. Hmmmm. But at the end of the day I don't want my junior punts to sit around playing safe so yeah, stuff it, I'm happy for them to go for it. I only hope Scott Winter has Idemitzu onboard.

I follow another tiddler, International Graphite, which is attempting a similar go to whoa endeavour and I don't think the market reckons they are up for the challenge either. Like hatchling turtles scurrying down the beach...

I think I understand the logic behind it in that cash will only start flowing from the mine in 2030 whereas with this current plan production of electrolyte is scheduled to start bringing in cash in 2026. Cash is king!

Finally, will be interesting to see what ARENA thinks of their pitch as my understanding is that it uses investment bankers, not public servants, to kick the tyres of projects looking to it for funds. Good luck there, lads.