RE:RE:RE:RE:RE:CCOther things of note on the call:
- possibly breakeven at end of Dec.
- possibly at commercial production at end of 1st Q next year
- they are in cost cutting mode (imho - unusual for a company in ramp up model to be having layoffs)
- they have set aside $4M for the $8M arbitration award but company lawyers still looking at it, maybe 2 weeks to do this.
- they have not sold any iron by-product yet and won't until mid next year (imho -given iron prices any sales are uncertain so maybe people should be evaluating economics without revenue from iron).
- when asked to comitt to regular investor conference calls, CEO would not commit to this.
- chromite exploration is using the exploration team, not involved in ramp up, but not much being spent on exploration anyway.