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Monday, May 09, 2011 4:12:20 AM
They are in fact a producing junior miner in a very high margin(profitable)industry.
Btw they will be the operational company for the larger proposed mine,as noted by the 2-28 PR,not just a 33% owner.
They aren't endlessly reprocessing. They are continuously processing 3-18 mm and the 1-3mm is a byproduct. They concentrated on the 3-18 mm while the byproduct,which they have been consolidating and processing since the Kriton left,kept growing. So now they are processing both sizes for shipment.
They apparently have 3/4 of a shipload ,as reported,presumably of 3-18 mm,plus many 1000's of tons of 1-3 mm product-perhaps a good portion of a shipload of 1-3 mm also.
The question is the method of shipment for the 1-3mm and which is shipped first,unless both go to the same buyer and are shipped together.
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