Wow what a great announcement. Looks like investors have not consider the possibilities of this announcement. First of with capital cost of 45 mil this is like a done deal.
Then you have an ebitda of 50 mil per year which is higher than the capital cost.
Next we are only looking at 2 metals which is ti and nd.
With this low capital cost we would assume they will be able to apply the same to the other metals shortly.
Ant of course the process is modular which means they can increase production as demand increases.
Not only can they do this with with the metals in their own mine they can also do it with other metals from other mines.
This announcement is company making. And the chart looks really good.
Ann: SCOPING STUDY DEMONSTRATES FEASIBILITY OF METALS PLANT, page-29
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