I think the most important fact to analyse, other than the undeniable worldwide demand for high-grade silica sands, is why would he sell 16 million shares after making the top 3 in the shareholder list, be the best cheerleader we had, and then bale out in a fit of rage. Check the HC posts around October-November 2019.
I really do think Peter would be wise to retain a small shareholding and hold out for success. I would like to see him do well.
The biggest political hurdle, without a doubt, is attaining Native Title and Muchea has got it.
The demand for suitable sand is growing, and the demand is increasing.
You need to understand why beach sand is useless, and why areas as large as the Sahara desert are also useless.
We are not in the spotlight yet because sand doesn't seem sexy, gold is sexy. The irony is, gold is easier to find especially at 1 or 2 grams per ton.
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