Re-rating Due

Grand Cote ramp-up is on target and looks to be progressing well. The Tyssedal smelter upgrade is funded and the reline and expansion should be straightforward. No debt, already monthly positive EBITDA since February in a low part of the market cycle. The general minerals sands downturn has triggered improvements and cost efficiencies at both operations.
This stock is vertically integrated and has to be excellent value at these prices.