Only takes a small amount of capital to put a shovel in the ground. Management has been aces in their approach to forwarding this project. Niobium is still a hard sell because it is not a name product. Looking forward to the day MS tells American business that without niobium you are ****** in trying to build infrastructure. At the same time Landmark and myself will be leading a strike at the CBMM niobium mine in South America. Imagine where the price would be if they ever had a work stoppage. Of course both of us would be hit with a hail of machine gun fire and the strike would be over. Hopefully the IHUB board would take a moment of silence to honor us for the cause.
The first 25% off take will not be tied to the DoD is my prediction. More likely going to be from the likes of Bloom Energy or the equivalent, possibly commercial aviation in 2017. Subsequent off takes will be defense and or commercial aviation related in 2018. JMO, AO
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