Yes I too was perplexed by the divide by 2 business of the new/fresh ore. This should be 100 % EQR.
I did talk to Peter Taylor eqr investor relations,after my recent enquiry about this and Cronmets share of costs. (EQR have raised approx 20 million from share holders since the joint venture commenced).
Also I am uneasy over a potential conflict of interest with Oliver Kleinhempel being chairman of EQR and also Kronmet managing director. I could understand if he was chairman of the joint venture but not EQR. Looking back at details of the joint venture from the 2019 annoucement I see that Cronmet have first refusal of product from the mine.
I wish that this could be covered by someone taking part in the webinar tomorrow as other than this I believe things are looking great. I cannot take part I am afraid.
Ann: Mineral Resource Update Drives Mt Carbine BFS Optimization, page-31
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