Ann: 2019 CY Guidance, page-19

"Potential focus area for phase two growth strategy Positive attributes:• 90+%VHM;• <5% slimes;• 25-67% Leucoxene;• 100Mt exploration target"
(see Presentation  19th June 2018)

Even at 50 mil tons, this would be an amazing project given China's appetite for product while perusing its "Made In China 2015 Program"
50 mil ton at say 500K t/p/a would give a mine life of 100 years!

The BFS, however, said that mine life is 8 years+ ( see May 2018 ASX Ann)

If we can replicate January for the remainder of 2019 it would produce 300K ton ( guide av 230K ton) which would yield an extra 
$40 mil revenue; most of which would go to the bottom line, IMO. ( 300K ton x say $200/ton profit is a massive $60 million, enough to pay back the $50 loan and interest with lollies to spare.