SP8 0.00% 0.7¢ streamplay studio limited

legacy of a "value adding" fisherman, page-8

  1. 1,559 Posts.
    Well, as you should know GIP doesn't produce any tantalum and certainly won't for years to come. Also you guys tend to forget that there is a fixed ceiling price incorporated in the off-take agreement with HCS hence GIP won't profit from ANY price increases once this ceiling price is met. This simple fact limits the profits the company can make, regardless of a 10x or 1000x price increase for tantalum concentrate. And this is what I believe makes the project almost impossible to finance. They are trying to get AD financed for 8 years now!
 
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