RE:RE:RE:Conference call Another comment that caught my attention is that margins in refining are increased over time as the process is dialled in and made more efficient with a better product. If the refinery isn't going to be ready for at least another 18 months, when demand for the cobalt sulfate will be ramping up, they will have missed out on the opportunity to dial in the process and increase margins. This means that the initial product being shipped to clients won't be ideal and margins will be left on the table. For those of you who think the delay in starting up the refinery is insignificant, you might want to consider that as well as the extra $80M the delay has cost.