OnlyMoney,
You seem to have a good understanding of this company, can I ask your thoughts on the following part of the announcement?
"From a design point of view, we are ready to ‘go build’ Coldry. On the other hand, Matmor is currently developed to a semi-continuous, test plant scale, with limited automation. The TEF is about lifting the level of detail around Matmor to arrive at an appropriate view of the commercial potential, underpin the capital and operational estimates and meet the assessment criteria of our partners.”
The phrase on the other hand feels negative, and i'm not sure if "semi-continuous ....limited automation" will be a potential delay, or sticking point in the tripartite agreement. I'm new to holding this stock after watching for a while, and this is the only negative I can see.
Does the inclusion of Matmor as a requirement mean Coldry was not viable on it's own?
Not a downramping post, genuinely interesting in exploring the risks/rewards of this investment!
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