I think TKM has enough on their plate. There are others with the experience to get this up and running. It could very well be the case that the team sell it to another party with operating assets in the area.
Woodie’s manganese is considered high grade ore with its high manganese content, high manganese to iron ratio and low phosphorous nature. It's also important to note that Woodie’s high-grade ore attracts a price premium over benchmark rates. Prices have almost doubling over the last 12 months and indications that demand will increase over time with use as a "green" metal. Definite value here.
BDC Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
