RE:Look at the numbersthepbay wrote: its quite simple.
50K tons, never will that happen. APL will take what they can use, they showed this last year, as they had 5k then 11k stockpiled, yet didn't touch it. At the end of the day, APL pays CNZ their $9 a ton, which is just a repayment of the right to buy into the property at a 50-50 rate. After that, CNZ will begin to share costs with APL on production, or they will sign another deal like this for less share of the mine (thats what I see)
As for the comission on product, well we will have to see how that goes. Not much to go off of there, but I don't see the kind of numbers being thrown around here. Just doesn't make sense. Keep in mind APL also has their own property which they currently use for their product line. So how much Zeolite will they actually be using from Bromley Creek? Just not enough to go off of.
I just don't see the concentration on a particular sector. I see lots of niche uses, but no concrete direction. Sure odor control is great, and throwing in some zeolite into your animals grain diet will work, but that is just small time farming. You don't use enough product to keep replenishing often enough for it to add up for APL. (Although DART did say APL generated 40M free cash flow, lol, O boy)
pbay
Merits a repeat, because 'they' buried it!