It usually takes a little while for start up operations to find the sweet spot for the various input and output streams (e.g. level of feed stock supply and holding required, off take levels, trust and stability, process efficiency, etc) required to produce and sell at peak efficiency, but once that occurs production will ramp up quickly in my view. I think the supply and demand fundamentals for their product is a much more important consideration than whether management has the ability to ramp up and make the project efficient. I understand Warren Buffet is a major investor in this type of metal and I believe him to take a medium to long term view.
HAZ Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held