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Putting CS and SR Mining up for sale.
This would force the hand of CRMCs to act, because they all want it, but none of them want to pay for it.
So tactic is to string it along and not do a deal to try to force the price down.
Hence the cash pile, so we can wait whilst the value appreciates, and infrastructure gets built.
Maybe another project can raise some revenues soon.... check back in the new year ...
TYM do all the work for SRES, and usually when some samples are sent or results TYM goes up before news at SRES,
but dont hold me to that - its just an observation. TYM are the team with the expertise. Watch this space ..
small - but we have a permit and reclamation bond paid.
Construction work ongoing for road and water.
Talk about Railway to Crow Springs in state rail plan.
Everything is going in the right direction.
In Industry the typical lead time for a product through R&D to retail can be as long as 20 years from the initial Idea to Product launch. So 5 years down the line we are in a very good position, and with very well controlled costs, much of the work done by TYM staff.
Now that we are in serious discussions with a number of potential customers, its quite appropriate that further exploration is done, as TYM staff have all the expertise needed to get future new sites discovered, staked, and permitted in a timely manner. If you were a multinational CRMC you would just buy all of TYM and SRES to get the product, and the team who have done an excellent job, often in the face of an endless barrage of criticism from "Money people" who want profits now, and very challenging global circumstances.
Sit on your hands, this one is a winner, just be patient an d dont gamble your homes.