Yep, that's the same numbers I came up with.Nice announcement....

Yep, that's the same numbers I came up with.

Nice announcement. It would be great if we got one of these every month.

The tantalum sales may be what keeps them above drawing down on the second tranche of debt here, which would be excellent.

I'll be surprised if all 30,000t of concentrate is shipped by the end of the quarter as that would probably take out the whole stockpile as well.

But we do know that JBLIL committed to taking 10,000t under the new pricing model in the renegotiated offtake: https://www.asx.com.au/asxpdf/20190115/pdf/441w56rlm6rh18.pdf

So that's at least another 10,000t sold. Another 10,000-12,000t could be done without dropping the stockpile below 10,000t, which seems to be where they like to keep it.

That would be more than enough to make it a profitable quarter and probably get me buying back in.

Cheers