Results of the Conference Call1. They are in discussion still as to where the $25mil will come from.
2. They have "much interest" from various investors for the 25.
3. If funding is found, they are still on track to hit 500-600k lbs per year by the end of 2011.
4. They have two shipments going out on the 15th of this month; cannot say price or qty.
5. At $120/lbs, and @600k lbs per year, life of mine is 7-8 years & $70+mil per year revenue - just from the single mine.
6. It was noted that they have one of the largest reserves of tantalum in the world.
7. It was noted that the company is "tremendously undervalued in the market".
I'm holding mine.
Goodluck All.