sounds good to me, they have a better defined footprint now, and can expect an increased resource in the coming months. The DEIS internal review is complete, good to have transparency on that, as while it wasn’t published it was unclear if the internal review was ongoing or if it’s now just up to processing the paperwork to publish it (now know it’s just the latter). So nothing should really stop that process from progressing at this point, if the internal review was still ongoing who knows how long it could have been delayed for. A couple of weeks for the DEIS is hardly a hand brake. The comments on “vat leaching looking promising (but TBC) for the low boron material” was a key take away for me. If they can do that, a plant update/upgrade to allow for more thru-put could be reasonably cost effective to significantly increase production in time (also considering the clay layers thru-put the eco pro JV, R&D ongoing but not mentioned in todays update, looking forward to an update on its progress). Could be worse, look at CXO now! If you don’t have a good handle on production costs from the onset it shows what can happen in a volatile market. Think INR is close to or has already flipped its market cap!
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