Anything can be sold if the price is right. If seller wants a higher price than market then he is not going to sell anything.
Remember CDU announcement last year $1,000 plus premium to LME, everyone was clambering for the NCU as it gave smelters up to 15% benefits over blister copper.
We were never told what really happened with last years shipment and the $500k deposit. after that there was silence except for 2nd hand information from teh cheer squad the ore was locked up in bond in China as they had no tariff code to cover it. We were never told the price and the company hid the figures, putting as a credit to operating costs instead of showing it as a sale.
Make of this what you will but it seems to me that there is a disconnection between market and the seller and the seller is spending money to try to prove a point rather than just accepting the market is where the market is. And how much dilution have shareholders been subjected to because of this. Not to mention teh cost and delays with playing around with trial ore sorters and now trial smelters.
And if they are simply smelting and gravity casting ingots, they could have done that in the lab with a $1k furnace in a week.
