That is good news and should get some more eyes looking at us. Once the lease is signed, financing will be the news that gets many of us off of the fence (including me). Two phases of 1.6 million tons is huge for people who know the market. I haven't added to my position in some time due to the risk of dilution once we move to the TSX. Then again, part of my past profits on this position was set aside in cash to hedge my risk against dilution and I would have the money to put back in when and if that time ever came. The other negative we have going for us is that no one thinks about a pellet plant being all that exciting of an investment. An announcement from a big power producer announcing a contract however would be more than welcome news that would offset any thoughts about "boring" pellet investments.
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