Pez - surely you have asked the question?
why, if you have LOI's for more than a million tonne of DSO material that you can sell for $700/t and ultra low CAPEX giving you an IRR of nearly 200% and fantastic numbers being able to fund EVERYTHING else to grow your business out of cashflow, would you even THINK about what the company says in interviews that they are doing now?!?!
circa 120kt finished product, with ALL CAPEX up front wet processing for north of $100M plus add ons selling for the same price as the first scenario..???
you're a business man i've read...
...that make sense to you? Wouldn't you just sell raw the product? Where's the value you're getting in the $100M plus..??? There's none?
until someone answers that question, I'm going to have my doubts and i believe justifiably so.
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Pez - surely you have asked the question?why, if you have LOI's...
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