Good post yyyman,

From a few discussions I have had, it is apparent that some analysts believed that we required a smelter for our Chrome to be sold. Nothing could be further from the truth but the thought that a 1 Billion investment was needed before seeing 1 dollar of revenue represented too high a risk and so they stayed away. This is why the trip to Europe in September is comfirmed. They understand Chromium. They know the raw ore at 40% Cr3O2 is worth $800 per ton in the next quarterly contract. They understand that if we invest about 150M in a mill, we can process it, remove 1/3 of the waste and then get $1000 per ton for a processing fee of $5 per ton. I also had a discussion with International metals from the US today which confirmed the hot market of chromium and the rising price of this commodity.

Cheers all,

Glorieux