RE:RE;RE: downward trendThere is profit taking at this price. Good for anyone selling and booking a profit. Everyone has different strategies. i think revenue projections are a little too premature, until we find out if:
The pilot plant works.
Run-rate of material through pilot plant.
Then a decision as to the size of the commercial plant, and a potential revenue forecast with a prescribed run-rate, through the plant.
i know that it has been said that the pilot plant will produce revenue, however we are all looking for validation of process, ( not just in a lab), which is....... the pilot plant.
As for Spain.
Drill results for twin-holes for initial Cehegin historic resource. Confirmaiton of an initial 43-101 resource and quality of the Iron Ore. Only get this from drill results, not hear-say
Approval for small extraction of mining of iron-ore. Tjhis would be huge news.
Perhaps when this news stream comes for the company, some revenue numbers can be put forward will a small amount of accuracy from data provided, and we can look forward to;
A mining partner?
A newco mining company formed out of Mineworx?
A sale of the asset, with more drilling and expanding resource?
The future looks bright. Some of the news should be out in the coming few months. It has been a long wait, for some shareholders, and others buying now, could be richly rewarded. glta