re: why this gap will be filled.
If you go back through this company's history, especially pre-listing, it has had a large number of major mining houses as significant shareholders (BHP, Mitsui/Nippon,etc etc etc). None stayed over the longer term in any meaningful way- all got burnt as it is a significant capital user. RFC became its financial adviser in the mid90's which eventually led to listing a couple of years ago- it has been a disappointment ever since. From a personal point of view I saw the compan's metallurgist in action at a monthly meeting of the AusIMM in Melbourne. The retired and semi-retired metallurgists present simply shot so many holes in what was presented it became a farce. On an even more personal note, I was debriefed on the process by two of my consulting metallurgists on a project I was looking at, and they two canned it on a number of technical aspects. Quite simply, the technology has been around for long enough to iron the bugs out if it was any good, and get on with it. It does not appear to be any good and no-one has taken it past a pilot plant. Good trading !
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