Yes, indeed I was thinking this myself. We still have approximately 5000 tonnes per quarter to tempt new off take partners. I was just looking at the annual report segmental p&l- we have spent approximately $162m plus a further $35m Q1 FY 18 development costs which takes us to just shy of $200M. Stage 2 was estimated to cost another $90M on top of $140M- are we half way there already ? Another off take partner with a cool $40m could get us to stage 2 very quickly if my interpretation is correct. The 5000 tonnes have gone to an unnamed off take partner tells me there are commercially sensitive negotiations going on behind the scenes? The fact that this wasn't announced also- Are AJM sending ON new partners samples ? Interesting times ahead. Good to see production doubling and staff costs halving. If we did 10m tonnes in Oct ( first month of production) November & December should be a good month IMO!
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