Yeah, Sidsuss, agree.
The additional option period allows Dominion to undertake a test work program to confirm the marketability of product from the Georgia Lime Project for major regional markets and end-users. The Company has engaged a consultant with experience in limestone markets in the southeast of the U.S. to assist in the planning of the testwork program.
They know they have the product - MRE. Now they need to know if they can sell it. Presumably this would include BOA's? If so, that'll take time to lock in.
Bearing in mind from the previous two quarterlies:
During the quarter the Company was presented with a number of potential business acquisition opportunities. The Company will assess suitable business acquisition opportunities in the resources sector in the U.S. and other jurisdictions
Coming hard on the heels of the Astro/Luna/Galactic JV, the new option extension confirms their focus is not entirely on Georgia Lime.
Nothing wrong with being thorough and keeping your options open. Having been through the FTT debacle, we need to know that whatever they finally decide on is going to pay.
Unfortunately for now that means a slow burn.
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