tata steel and dyesol move to next phase , page-4

After a 3 year development phase, DSC steel has proven to be technically and economically viable. The project is being scaled-up, as planned.

This is huge. DYE's flagship project is a success. More importantly, DYE's delivered on its biggest promise. It talked the talk, now it's walking the walk. This should restore investor confidence and see DYE well on its way to being a billion dollar company.

Austock Securities (broker report, 12 April 2010) notes that the Beta (pre-industrialisation ) Phase (2011 and 2012) includes a £30 to £50 million investment in a new roof manufacturing line. It values the project at $1.50 to $3.00 a share.