Capital Raising, page-35

Suggest you try and understand the other comments on the thread, clearly punters are waking to the farce that is low value concentrate sales to the Dragon, who paid just US$1.81kg average for the ~30kt they imported last year.

At the same time they boasted a potential domestic value add of US$360M on that imported material.

Do you have ANY concept of cost per kg here?

Why don't you put up just two numbers here before March Q results, given you are such a strong promoter of this stock:

Production cost per kg?

Sales value per kg ex Darwin?

If you cannot make any sort of estimate on what those numbers are likely to be, should this "pilot" plant ever achieve steady state, most would have to assume you a liteweight fluffer.

Word from PDAC was desperately trying to keep the turkey alive, and out of the clutches of the Dragon.

This will establish the template for all the marginal players that go the concentrate route to the Dragon, who as monopoly customer, read ONLY customer, will squeeze the lifeblood from any that are desperate enough to try.

Currently doing two small developments on Corfu and looking for others, my accountant told me yesterday of a guy who took several Euro
Mn to a small nearby island of only 3000 inhabitants. The project started well, slowed then became extremely difficult & expensive, delayed over a year. Once finally completed they effectively froze him out via local control over services, and after a couple of years he sold at a huge loss as no outside money was silly enough to touch it. Greeks have mastered the art over millenium, incl the three versions of the EU, lol.

Dragon playing the "rare" in RE, while controlling the mkt, just as the Greeks have leveraged their idyllic environment for ever. Put up some hard data to demonstrate me wrong:

Production cost per kg?

Sales value per kg ex Darwin?