May be it is time to lease that Stsge 1 to OMH. They might be able to turn it positive with their experience anycase or run it at break even like their mine in Australia that closed down.
we charge $5M per year, then show a profit per quarter while they concentrate on the the HPMSM Project.
eventually, after they learned from omh how stage 1 is run, build a second line, one that works and delivers the throughput, given there are offtakers ready to pay for ore FOB, at a price the ore cost to produce plus a margin.... which in a commodities environment it is like finding a needle in hay.
E25 Price at posting:
66.0¢ Sentiment: Hold Disclosure: Held
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