I'm still not convinced this news today is what James Marsh has been working on.
I think there is news coming in the next two weeks probably on the cement additive or, less likely IMO, on HPA.
I'm not complaining about the price action today, more puzzled that the market was not even more interested in the cement additive.
CA & HPA are real products with volume markets. We are trying to sell ~225kt of HK product plus many tonnes of high purity kaolin for various products.
I'm guessing there'll be news about a delayed DFS, going straight to wet processing and a CR in the new year. Raising $25m of equity & $50m of debt should be a walk in the park.
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