Ann: AVL Tests Confirm Potential for Significant Iron By-Product, page-54

To a large part I agree with you Blythe. Surely this calcine process is a known quantity. I think the SP push is more to do with the Federal deal as this is a game changer. Speeding up environs and the like is a massive bonus. Problem with the spp is the massive dilution although many asx200 companies have billions of shares so this isn't a deal breaker. Pointing end is approaching the only true announcement to lift this once and for all from penny dreadful status is a finance deal and a binding offtake hopefully both will be helped by the strategic alliance with the federal government. Hopefully with government backing this negates any risks win-win or another steel producer see in the short term.