Ann: Trading Halt, page-8

Yeah, reckon it gets built. Rutile is most likely min sand product to stay under-supplied, and if they get their skates on permitting, community re-location, government mining agreement early enough they will catch the current graphite wave regardless of what the future holds. Timing is critical imo, wait too long and a conga line of other graphite mines get funded-developed first and sooner or later the market is going to baulk at funding any more...

In an over-supply price war, if worse comes to worse, SVM should be profitable well below the graphite price 90% of others go broke and so stay in business riding the cycle. Getting all the development ducks in a row while the funding window remains open is probably the biggest hurdle in the min sand industry.