There is no cap raise as management have responded no to an...

There is no cap raise as management have responded no to an enquiry but you know that. Even if there was it's a not an issue new businesses don't start on air and is part of spec investing.

The concentration level is not an issue it's sorted in the ponds. If you decided to switch your focus to impurities that's a non issue as has been solved in the past.

Operation costs have been proven and published in the past and will only get better with scale.

Profit won't be an issue once up and running producing saleable product plenty of demand keeping prices higih thru to 2030 and beyond.

You know all this and keep regurgitating the same points so hopefully I've put them to bed for y

Good luck with your investments you may wish to consider a broker to assist you working thru the basic financials and principles of spec investing.

imho dyor