To answer you Saggy
martinishaker2
11/3/2008 12:08:17 PM | | 16 reads | Post #23836442
For all of the bashing of management on these boards, why hasn't anyone stated the obvious:
That CCE has more money than any tantalum exploration project?
That most of the money raised at $1.20 came from funds - who apparently have had a hard time in the market lately?
That management is currently directing more of the funds IT HAS to continue the metallurgical 'bench sized' tests that were done at SGS over the last year, now on a 'commercial sized' scale, at PRA Labs?
That possibly management actually does know all or most of the metaluurgical answers but still needs to be conservative and to prove these up on a commercial sized sample at PRA Labs?
That the scoping study would normally include the kind of data that would be generated from the commercial sized sample and probably not before?
That anyone who knows anything about the current squeeze on tantalum supply - Talison calling for an 80% price increase, the second largest historical supplier ( the USDLA ) being now a net buyer instead of a seller, Talison telling the world that whatever they do they should not buy material from the illegal production in central africa, that Tertiary no longer apprently has a tantalum project, that Angus & Ross have apparently dropped their tantalum project, that Tanco produces 100,000 pounds per annum only and has little ability to increase production- would understand just how strong a position cce is in at this time. |
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