General Discussion AGY, page-22227

If an off take agreement will be signed as soon as the EIA approval is granted, then it follows that the production plant is capable of producing enough product to fulfill the off take obligations. If it can't fulfill the obligations then the off take agreement won't be signed, as failure to produce will result in legal action.

The conclusions drawn from this are either:

1/ The plant is already capable of producing to scale, and they are refining the process to max. output whilst waiting for the EIA and subsequent off take agreement.

2/ The off take agreement/EIA statement is not true.

Call me an optimist, but I tend towards the first option. They really are optimising the production output & quality while they currently have the opportunity, and are making good use of the time by doing so as they wait for the EIA approval.

The EIA will be approved, an off take agreement will be signed shortly afterwards, the plant will kick into top gear as a result of the optimisation tests, and everyone involved will make a pile of $$$. Can you imagine the effect on the SP from a triple whammy of EIA approval, off take, & production plant announcements in rapid succession, or all together in one announcement?

It's about to happen, no doubt in my mind. Patience, almost there.