RE:New BHS Instagram Post Yes, thanks for the link HurricaneArmada. 30,000 tons of mineralization is an enormous quantity to be extracting. If I'm not mistaken, the initial deal with Ocean would only require 4,500 tons of it (150 tons of raw material = 10 tons of concentrate, and the deal with Ocean = 30 tons). So the fact that Bayhorse would only need 15% of that 30,000 tons for the deal with Ocean, even if they hadn't lifted a finger yet, makes one assume that the other 85% being extracted here is in order to fulfil subsequent orders, as the relationship continues on a long-term basis.
Also observe that the post says that Bayhorse are "COMPLETING" the deal--we don't even know how much of that mineralization they immediately need. The concentrate might already be 90% done for all we know, while they simply need a little bit more mineralization to get the job done.
If I'm talking nonsense in any part of this post then anybody should feel free to correct me.