This is more official confirmation of what many of us knew or at...

This is more official confirmation of what many of us knew or at least had a pretty good idea on.

The company is a cash machine and in the right place at the right time.

Some of the highlight in the research for me:

1.
40 yr minelife!!! incredible. Once the leases are agreed, an assured long term supply is great for the Spherichrome brand and the customer demand letalone enterprise valuations and attractveness to potenial suitors. Come to think of it the company likely know of the long potential mine all along. To spend upwards of $70m on a production facility for a mine that would run only 7 years would have been crazy.

2.
initial on site spirals - transport is hugely expensive. this will allow significantly increased production for a moderate increase in trasnport cost. It will also allow more precise management of product grade arriving at the production facility.



We are on a multi bag winner with this.

thanks Pep for the info.