I just can’t help but think that (as an investor in African Pioneer and Bezant), that Colin simply spreads himself far too thinly across too many projects. Inevitably resulting in missed deadlines and deathly silence on where we are with projects and subsequent delays….
The TREO grade, at 0.44%, of comparator Rainbow Rare Earth's resource is not as poor as it seems. The source material is already above ground, physically and chemically cracked, so that there is no cost of mining, crushing, or grinding. Moreover, the carrier (waste) material is fairly pure gypsum, which allows a predictable single-stage initial chemical separation process. Rainbow is likely to find itself reasonably low on the production cost curve—as indeed Kendrick could be if its resource size proves big enough.
I just can’t help but think that (as an investor in African Pioneer and Bezant), that Colin simply spreads himself far too thinly across too many projects. Inevitably resulting in missed deadlines and deathly silence on where we are with projects and subsequent delays….
The TREO grade, at 0.44%, of comparator Rainbow Rare Earth's resource is not as poor as it seems. The source material is already above ground, physically and chemically cracked, so that there is no cost of mining, crushing, or grinding. Moreover, the carrier (waste) material is fairly pure gypsum, which allows a predictable single-stage initial chemical separation process. Rainbow is likely to find itself reasonably low on the production cost curve—as indeed Kendrick could be if its resource size proves big enough.
Do you have any idea as to when the company will start producing and generating revenue?