I am not really sure why everyone is getting their "knickers in a twist" about having Finncap on-board.
I am assuming we have out grown SPAngel and by getting Finncap, who are without doubt a larger operation, on board we have access to their clients - which could be great timing as the Roaster comes on stream - to give the SP a push....
I am assuming they will publish an investment note about the company - would make interesting reading.
Very interesting post from beyond and the logic stands up; however, when comparing to UAMY the question in my mind is: " What are our purchase costs for the raw material compared to UAMY production costs?".
As was mentioned at the AGM - can we turn up the roaster and generate more than the 20,000 tonnes
Finally, without a doubt gold roaster 2 and 3 provide us with even greater upside for the LTHs.
Very positive meeting. For us shareholders that have been here many years we are definitely getting very close to the cash cow we all want. The board are very positive and we were talked through the video that was shared on twitter earlier.
Highlights for me:
The plant is 97% complete. Will take 9-12 months to get up to full capacity, with expansion opportunities Odey are in for the long haul - will become a cash cow for them Are close to finalising 2 or 3 major offtakes deals...people are knocking at their door as the antimony is environmentally friendly
Lot of news to come over the next few weeks and months - all looking positive.