This is a promising announcement. A some key points for me:
- Closening ties with government. This will make government assistance with pilot plant much easier.
- TIVAN+ is very much needed. TIVAN is why I invested but it turns out that TIVAN did not have a direct route to a Titanium market without building a bespoke pigment plant. This was a risk, cost and not a way to truely break into the Titanium market. TIVAN + will presumably use some CSIRO IP to enable a 'Saleable' Ti product that can be sold direct to pigment makers that can be used directly in their process without modification to their plants. This is key.
- With TIVAN not having a direct Ti product, project FastTrack will allow time and potentially revenue to complete TIVAN + development and optimisation via pilot plant.
- The formalisation of partnership with CSIRO is needed to take to the bank or strategic partners. This is key to the work that the company is doing with the presumably Japanese partners.
Keep up the good work team!
This is a promising announcement. A some key points for me:-...
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