general discussion, page-1294

It’s a rough guide. Might be a year or so out here and there but it’s an approximation.
Obviously everything will hinge on the success of the demonstration plant. 20 years of research in collaboration with the CSIRO should give plenty of confidence that it’s going to work and the figures suggest that it will be commercially viable.

Let’s assume that the demonstration plant is a success. And let’s assume that the magnesium market is going to double over the next decade as forecast. We have off-take contracts already locked in at good so selling the magnesium won’t be a problem.

Assuming all that, is it realistic to believe that in 3 years time when the 10-20k tpa plant is being commissioned that the share price will be anywhere near 7.5c? l think current prices will prove to be an absolute bargain over the next few years as the company goes from strength to strength.

And I have put my money where my mouth is too.
Grabbed another 100k this week

AIMHO

Jasp