I’m quite sure that at the time of the conference ( November 2017 ) they were all with Minotaur since Poochera and Camel Lake projects weren’t picked up until 2018 in an asset swap with MEP.
The focus in early 2018 was HPA, but I think JM recognised the high margin, low CAPEX and low risk opportunities of pursuing cashflow from the ceramics market initially.
General comments/chat, page-14774
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