"The Company believes that the titanium structures within the Speewah magnetite concentrate may be particularly amendable to high recoveries through an acid leach process. The economic opportunity of the titanium may exceed that of the vanadium, which is justification for this testing programme in 2011"
Also with them evaluating Wyndham port it sounds like they are looking to to the future.
SPM Price at posting:
30.0¢ Sentiment: None Disclosure: Held