It's a massive industry, steel. They need V. Their equity will form a part of the likely funding package in my view but not before our pilot scale samples are provided. Once we've confirmed our processing and product we will have offtakes quickly fall in place and serious financing discussions.
Not going to happen overnight, it's been a matter of following the well worn development road one step at a time. It just so happens we've nailed each and every step and have completed the journey so far in record time.
This speed has somehow bred impatience but mining development is a long road. Years are involved, not months, weeks or days. Nice to be at the right end of this process but we're not there yet, just sit tight.
TMT Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held