Correct me if I'm wrong but a look at S32 quarterly update reveals production of Managanese Alloy in total 56,000t to be annualised 70,000tpa. If we could start with 22,000tpa and ramp up to 155,000tpa it's not bad at all compared to the giant S32.
The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint