Despite all the LIES and FALSE PROMISES over the last 3 YEARS, they have NEVER shipped ANYTHING!
They haven't even been ON the mine for MORE THAN 6 MONTHS!
Nothing but empty hype. It cost them MORE THAN $200 per ton to extract and the barite. Steinbock is only paying them $105 per ton. After processing, shipping, handling, export fees, etc., they would LOSE MORE THAN $100 per ton.
Good DD IS NOT just reciting the PRs and company handouts and looking for the good. Those things are never hard to find.
Good DD IS finding out what the company and CEO do NOT want you to know.