Fish,Its been a while,but for mine,its all about obtaining the nameplate production rate.
Achieving the NPR= securing the CCM money.
As per the last quarterly;
" Valence Industries is poised to generate revenues from production sales commencing from the September quarter,as graphite production is progressively ramped up to name plate capacity. "
Without any knowledge of what is going on at Uley,I'm sayin we must have obtained Nameplate production by now,or are very close to it.
Its a case of no news is good news for me.
Raider
VXL Price at posting:
19.5¢ Sentiment: None Disclosure: Held