It does look they are getting their house in order though. Cash coming in, contracts in the pipeline, expansion studies ona number of fronts, reducing their liabilities, het enviro bonds back with a bit of innovation. I think we are in alot better place than 12 months ago when I believe we were staring down the abyss of reivership.
The most exciting thing for me with blue sky possibilities is the rare earth mineral processing. They must think theres something there if they are planning to modify the plant.
Just need to keep cash burn rate down to revenue flows up, but we're in a lot better shape IMO
cheers
Maddoc
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- excellent update
excellent update, page-8
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