Going back in time (TOO LONG) I am a seed shareholder before the float and still holding these and some IPO shares They had some interesting tenements covering some salt deposits near Rio around Shark Bay As far as I know they still have a coal prospect north of Albany which is sitting over a deeper extension of the Fraser Range (nickel country) Iggy offered to sell it to me when I discussed it with him at a roadshow a couple of years ago Anyway before Iggy's time they came up with the HPA idea and did desktop studies and tests similar to the process FYI seem to be doing now Iggy took it into the current process with SMS I think the Orbite experience scared them away from cheaper processes SMS were involved with this and advised that high quality calciners were needed ( I think) So now we are optimistic that the finance is being sorted out Iggy's tenacity should be appreciated I am looking forward to the second and third plant where the returns really come in
ATC Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
