You speculators dont get it . Metakaolin is no big deal in the cement world . It has been used as an additive in OPC for decades . Metakaolin - which what this kaocem is just another version - requires a big burn to make it - + 800 C in the kiln . This carbon burn out uses oil up at SR . So the green charade is just that ... it is just another expensive filler . Then the expensive additives are required to mix it . You can read between the lines that this is a big extra cost but ol Vic will keep the ignorant shareholders in the dark on all those down stream costs like he has with SR production costs all along .... he is in the game to con a buck ..he has been successful at padding his wallet on this play for 10 years .. at the expense of the dreamers .... why doesnt the Board and shareholders wake up and ditch this joker ... his share holding is diluted but he has saddled the ranch with so much debt that the set up is basically only worth the tax losses ... watch another big slug to the loss ledger with the latest results ...
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