RE:RE:RE:RE:RE:MD&A Learn how to read. I'm saying VM should get on with building the quarry now for minimal capex, skip building an expensive upgrading plant and outsource this function.
biggdogg wrote: Outsourcing is WHY ITS TAKING SO DAMN LONG. They need to be in 100% in control so they are not waiting on all these third-party groups, who want to milk the company for as much as they can and could care less on how long it takes. It is typical in all industry. Just look how long it is taking to have third parties do their formulation work. They are farming everything out having third parties do everything and it is taking forever to get results.
They need to get their own facility and mine their own barium and then they can grow. Anytime you farm out you loose profit and loose productivity. And where are they going to get their barite from? Why would you import barite when you can mine it for 10 times lower cost. They need their own manufacturing site. The biggest cost is upgrading the barite, mixing it in bottles is peanuts compared to that. Look at the PEA, its spells it all out. 75% profit margins if they mine their own product and bottle it. I guarantee you that the contract manufacturer is sucking up all that margin and Voy is not going to make much importing and having third parties make their contrast. Screw using third parties, this company needs to make money