Same I want to be a long term holder as well. Although I do think if they get this plant off the ground and performing well they will be a takeover target. They are miles ahead of the game. They have the Kaolin supply and the patent as well for their process.
In terms of the T/H the other day I think the Company thought they were close too signing but I think something may have potentially come up with the ground / site works that may alter the bottom dollar. Hence the recent ann about the site works. It was a bit of a nothing announcement and not to knock the company but they have had a few of those over the years.
I hope its nothing bad but if theres more work then originally thought then its a bigger loan required.
I think if this site work / ground testing is ok then ATC can sign and due dilligence will be complete.
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