Ann: Pre-Feasibility Study Quantifies Exceptional Returns, page-49

i think management have noted where Syrah has gone wrong and hence why they are adopting a more conservative approach. Answer to your question, yes. There is a big difference in selling a larger bulk scale approach to that of a more pragmatic approach and gradually scaling up. Plenty of comapnies in India purchasing Micro80c for 45k to 90k. Sorry not sure the exact exchange of the rupee but it is around 500usd to 1000usd. Do you honestly think a bank will invest 5 million in the current global environment without scrutinising the figures. China has put a squeeze on the market. This has created an opportunity for shorters etc. which at some point will flip the switch as demand outstrips supply in the coming years.