If it's a one off I will let it pass. Normally it grates and is a red flag if habitual.
I suspect in this case it was sincere surprise. The low chlorides is definitely a bonus.
Any way for me now is the time to give thought to how much coin I am prepared to put in around the time of the CR. Even if the sp rises quite a bit more before the inevitable CR weakness the size of the CR will be large, too large for a simple rights issue, but I am pretty sure there will be a big rights issue as part of it. Even 1 for 1 would be quite a bit of coin at the current sp, and hopefully it will be done at a higher price.
Seems like the company is well down the path of ensuring a high margin operation with low costs and a premium product, and the structure aligns the government with the project, but for me there still remain the country risks to consider much more before stumping up more money.
EL
If it's a one off I will let it pass. Normally it grates and is...
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