RE: Pod cast.17 Jun 2018 19:33
I agree BumbleB, and although I am fairly confident that the 25tpd unit will do what is expected of it (if I wasn't, then I wouldn't be invested here) there can be no certainty until as you say it is built, operating, tested and verified. I suspect the market in general has similar thoughts, which would explain why the SP is sticking around where it is just now.
Listening to KA's latest pod cast there seems to be a delay of up to two months for completion of FEED, and hence the permissions, beyond his previous estimated timeline. That could mean that we may not see the 25tpd unit at the tested and verified stage until into next year, as opposed to during 2018, although KA hasn't categorically stated that.
Personally I don't regard a delay of about 2 months as a major issue, except that the company may run short of funds if things drag on. My main interest is in the finished product, and if it works as we hope, then a few months is neither here nor there.
KA mentioned in the pod cast that there could be some news shortly. Something to look forward to!