RE: Master Investor Show9 Apr 2019 10:24
I'm with you funky, well down, battered, but not out. DOH is a great catchphrase - Science: only to say bear in mind the industry standard of Tant is 30-ish per cent, so our offering may be as much as one-third again or up to even 50 per cent more pure than other mines. This means mine throughput is hugely lessened - we need to move far less raw ore. Also the post sale processing which involves a pretty complex fluoridation solvent extraction process is streamlined accordingly. So whilst ton per ton we would get the 'spot price' (its not a traded commodity so its a rough quote really rather than a spot) irrespective of purity - ie. it revenue per tonne not go up based on purity, we would just move far less raw ore and would be giving our customers a better offer in a number of ways. It all seems to come together especially given the massive piles of supply. I hope it gives us all a happy ending!