Coffee with Samso, page-6

i want to know more about this

'Hallucinite' .. hilarious slip of the tongue there from Samso !

A couple of takeaways

- James is exactly the person in the right place at the right time.. he knows the market and the product this is so critical
- the scoping study is so conservative it is mind boggling how much upside could be lurking there
- I don't know if James slipped up but he did mention 'up to $1200' tonne wet processed whereas the upper limit for wet processed 'blend' as per ADN preso has always been $1000
- nothing to be scared of capex wise / degree of difficulty wise with wet processing here and perhaps this is where the $1200 per tonne comes from, he may be referring to the potential price achievable for SA processed Kaolin / Hallosyte
- James clearly outlined why he is not really focussed on HPA and it is compelling information..
- They are forging ahead with this project and I have no doubt timelines will be met
- The scope of the project is massive and the market hasn't picked it yet

Ezi