I was able to listen to it. AD explained about the strength of the two companie coming together. I believe they will be able to treat the chrome with the metallurgical system which. I do not know which will come first fergusan Lake or Stillwater. I would imagine Stillwater as it is easier to get to and treating this high grade chromium could be a cash cow. Most of what was talked about is in the NR or can be found on Nevoro's website as well as Beartooth's website.
They said with the current climate in the U.S. for made in the U.S. and the government's stimulus package tied to "Made In U.S." bodes well for this project. There is no Chrome being mined in the U.S. from what I can gather so if the government makes companies buy U.S. then they have to come to SRU.
AD also suggested that this is just the beginning and that there is more to come. I don't know if this means more properties being worked on or what? I would think that with this system they would try to either buy properties, joint venture or amagamate with other companies to get the most out of this metallurgical system as they can. Where this leaves the company is anyone's guess, it could be a great move if in fact the rock can be treated with the system.
From what I can gather, chrome ore is selling for about $200/tonne, if they are able to pull the chrome out without the use of a smelter I think this project could stand a very good chance of succeeding. It all hinges on the metallurgical system.