After talking to KWG SH Relations and reading posts from many knowledgeable people in the last two years, it is my understanding that the difference between 25-29% concentration and 35-40% is exponential. It not only reduces production costs, but as mention before by many others, it facitlitates a "mine to market" process that is much easier and involves fewer steps, notwithstanding the possibility of shipping directly to customers without smelting. That's why I mentionned in my previous post, that I would love to see a cost / profitability comparison between the two scenarios.

Let's just hope that prior to handing over the operatorship to Cliffs on April first, KWG will be publishing a few NRs that will incite one of the big players to step in with an offer, and accelerate the project evoluation.

Best of luck to all,

LP