HVY 3.70% 8.4¢ heavy minerals limited

Banter & comments, page-58

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    Another factor in moving forward to production is the diminishing global supply, outlined in the presentation Nic points out around 400-500k tonnes has been removed from yearly supply due to mines being mined out, that product has not been replaced and demand is still rising for industrial garnet which is due to be pressured greatly in a few years, i wouldn't be surprised to see them sign early offtake agreements.

    Port Gregory Garnet is top-shelf product, i am sure offtake agreements wouldn't be too hard to come by if they pursued one or two, also that contained resource is what they are drilling now simply to confirm, the step-out drilling could do what it did for RDG and increase by 1520%
 
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