Despite the infancy of the Alpha Sapphire business, there is very clear potential for materially higher earnings from Stage 2 plant output via the Alpha Sapphire business unit, and as such, we see it appropriate to ascribe value to Nova Phase production; in our view, it would be more conceivable for Alpha Sapphire to emerge as the primary offtaker of Stage 2 HPA output in contrast to an alternative end user given guided EBITDA margins from sapphire growth.
That is a snippet from what Mr.Ant posted above.There is our first big offtake in the making right there.Thanks for posting that .Regards.
Ann: $40M Strategic Placement to Accelerate Alpha Sapphire, page-29
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