The inventory they refer to is all dried product ready for...

The inventory they refer to is all dried product ready for shipment. All the stockpiles@Happ refers to is sitting as ROM, crushed ore, undried/drying product on site. I daresay they will be dried product on site too waiting for shipment.

Nonethless, the issue of further shipments is an important one. Management shouldn't refer to the product in all the glowing terms they do if they are struggling to find buyers. If they new it would take a long time to build customers, then they should've factored this in during previous capital raises. My memory is that there are about 5 offtakers with a claim to a percentage (eg 20%) of the total production. If there are ready buyers, the problem is in the processing capacity and the drying capacity. It is worth adding that neither the drying or processing issues were brought up until the most recent capital raise.