It's interesting how things play out , Moblan has always been...

It's interesting how things play out , Moblan has always been ramped as the monster, yet NAL is almost as large overall (although less desirable attributes) and we actually have a larger net holding in NAL at 66mt than Moblan at 55.8mt.

Combined SYA have a net 121.8mt over two assets and one producing concentrator paid for and through its ramp up. That's a huge achievement since aquiring NAL just on 3 years ago.

The reallity of course is nothing has changed other than the resource size , it all means very little unless you can sell your product at a profit but to the extent it can thats being worked on and the priority as much as anything is preserving those assets even if it means ceasing operations for a while untill prices improve. Not ideal but not the end of the world either.

In a stronger market those assets have considerably more value than currently attributed to them.

Cheers Whisky