"It’s a given that if you have the raw product you can make the end product, the purity of which just depends upon how far you intend to refine it according to it’s intended use."
that might well be true... but it's the economics of delivering the end product which may vary and would be crucial to end users.
otherwise all V companies could say "we have the raw product, the end product is a given, invest with us!"
a PFS with costings all the way to end product would be more valuable than one without.
maybe try not being so defensive. it's all just a discussion.
where is the pfs??????, page-102
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