We still need time to see how it develops. 8,000 tonnes per month is not significant really. The big kicker will come from them improving their sales in Kenya where hopefully there is some significant upside.
The crushing plant too should help to reduce costs as the business is still being run at a loss.
It would be good to see the results for the Dec Quater in Jan as well as some positive sales contracts in the interim. Only then will the stock price move meaningfully imo.
There is still the power plant too I guess. An update on that would be amazing....
IEC Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held