mzi secures offtake for keysbrook, page-40

More conspiracy theories than the moon landing why the share pirce hasnt moved.

How about the project is possibly a couple of years away and people will wait until closer to commissioning date, the normal three capital raisings and standard problems that every project has, and then throw their coin at it. Also management's track record in the N.T. wasn't good.

While I think Keysbrook is a good project and the capex funding is obtainable, I think the banks will be hesitant to fund it without at least 75% of all production secured with an offtake agreement. Part of that problem will lay with the Zr component, I just dont believe anyone will line up for it, because of the world surplus, Rio continuing to tank the price at the disgust of Iluka, replacement products that are coming through, and just generally having a contract in a very closed product that the three big boys have made so easy to obtain.

Joker1,
Dupont can be incredibly difficult to deal with, specifically with quality control and quantity, hence why the big boys tell them to take it or leave it.

Pep