I'll not state my figures but my pick is for the first years volume to be modest and jump in year 2. Year 1 is about gaining credibility from production. That will open doors and the second year is about generating cash. We are uniquely positioned - our North American location, the turn of world events and the unique speed at which we can supply high grade mixed carbonate (mine, concentrate and leach). I'd imagine it's with the Saskatchewan Research Council for supply into their separation plant to be built next door. Regardless, it will surely be conditional on 2021 quality acceptance of bulk mixed carbonate samples from our plant.
We've pack leading industry knowledge and Geoff et al will have put their best efforts into negotiations - they've fortunes riding on this.
It will be a capital light start and the idea is realise significant free cashflow as quickly as possible, for leverage into capital upgrades for our aspirational growth.It's unheard of for a rare earth hopeful to ink an off-take so early ... or indeed to ink one at all.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.79M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $134 | 58.32K |
Buyers (Bids)
No. | Vol. | Price($) |
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111 | 120285010 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 40309828 | 53 |
View Market Depth
No. | Vol. | Price($) |
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111 | 120285010 | 0.002 |
26 | 138117531 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 40309828 | 53 |
0.004 | 12230640 | 33 |
0.005 | 20791106 | 21 |
0.006 | 6687048 | 10 |
0.007 | 1227296 | 4 |
Last trade - 15.30pm 18/10/2024 (20 minute delay) ? |
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