"but nothing we don't know already. Or am I missing...

"but nothing we don't know already. Or am I missing something?"

True, but we didnt really "know" this. With only a few weeks to go, it is now almost certain the targets will be met on time, after this announcement so close to year end.

This will ensure no dilution as the 12m options will expire.
Also a casual run over the numbers...20Ktpa at conservative margins of $700/t. So gross operating margins of $14m plus the $3 from the ferro silicon asset equate to about 13cps.
After this Phase II ramping up to 55ktpa in 2012.
Then maybe Phase III to 105ktpa....
These numbers get really interesting