As to your next point - the TiO2 grade of TIROS are significantly higher than what you see with Iluka's resources in WA, so don't post some rubbish from an equity firm who wouldn't have a clue about project design. 10% TiO2 resource is bloody high so no wonder they are looking at it.
Also, not sure why you mentioned Iluka and their grades. It's a different titanium bearing mineral they are processing. rutile vs anatase. Different economics. Amateur.
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