RE:RE:RE:New to this oneMaxmoe, I hear you loud and clear. Lack of infornation on the ecomomics have always beeb a problem for me as well. I have been an investor in HUD for years and at a certain stage I began divesting myself from much of my holdings.
Our anorthosite is so unique and abundant as well as being located in a mining friendly enviroment with year round shipping ability that I have continued to hold a core position.The potential for the product is hugh but the lack of details and the constant referral to additional off-takes being in "advanced discussions" without any apparent conclusion with no agreement being signed for other of the many applications is confusing and worrisome.
In many of my past posts I expressed concern re our ability to continue as a viable operation without additional agreements. The only contract we have is with Owens Corning for up to 200,000 tonnes per year and at $150 or so per tonne, I fear we would not be profitable considering all our debt and expenses. So I can fully sympathize with your concerns and I hope you get a positive response as we need new investors.
I do feel they are close to having additional agreements for the paint ,coatings and filler markets
but we need something definite to get our volume and price moving.
GLTA