RE:RE:Updated Presentation? Hello tinker, tank you for your calculation it is interesting.
I would like to add something from the last conversation with JSL.
We discussed about the HELM deal and the fact that it was interesting that HELM was suppose to take the product directly at the mine and was responsible to ship it to the final destination.
To that JSL told us that no matter wich partner they will signed with that partner should also either take the product directly at the mine or at worst at a shipping port in Quebec (I guess Labaie is where it would go) .
The responsability to ship it to Europe, china or name it, should not be CRE's responsability.
JSL added that it is pretty standard in the industry to proced that way. (I didn't make any verification on that aspect, just relating his saying)
We will see what really comes out but we might be able to cut on that or those portions of shipping cost. On the other side the potential partner will probably also take those costs in consideration in his offer.
However I just wanted to share that extra information.