General comments/chat, page-21341

Yeah, skip the Dso and start with a smaller ( and cheaper ) 250kt wet processing plant to produce some 120kt pa in year one. Sure the capex will be higher than the dso option but also the margins. Heard that shipping costs are higher because of covid so it might a good idea. Don't know the price of this first stage plant but something around $30-35m maybe. The stage two is then funded from cashflow. It makes all sense. Dso margins are low,- wet-processed high. Marketing is complex and more time consuming than thought. So till all the tonnage is bought via offtakes it's better to start with a smaller two staged but high margin approach. Enough time to get the offtakes. While it is a little bit disappointing that costumers don't storm our doors yet that might come. The demand is there and we have it.