Finally…
This is positive.
the shares had been hit in part because of uncertainty about when a new CEO would be appointed.
Also key is that no delays to timelines/what’s planned for next year.
Recall Romero is an entrepreneur not someone with first hand experience in mining.
The new appointment is of high caliber. Fantastic experience at Lynas.
More recently, in senior post at industrial Harsco - a company with usd2bn of sales per year.
stock being given an unwarranted discount to NPV in my opinion for what is effectively and distinctively a recycling and remediation project - and the only manganese project in EU and one of the few high purity Mn projects of scale globally. This first perfectly the aspirations of EU regarding Green Deal.
2022 a year filled with catalysts for the company: final enviro assessment to be subtitled early 2022, samples from pilot plant sent to potential customers in Q1, definite feasibility study, Demonstration plant operational in Q2.
I expect an inflection point here - and from an very oversold level.
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