that is impressive, page-9

It appears that the Board have done a job here moving the project forward.

I like the numbers, especially the change in exchange rate. IMO the numbers make much more sense now.

My guess is that they will move the processing offshore and that is why the CAPEX is slit between Plant (365 to start) and infrastructure (162 To start).

Maybe another Lynas style deal?

Still securing Over $500 m in this market is a VERY large task on commercially unproven technology. Yes it appears to be proven at lab scale, but I well remember Annaconda!

For Mt Peake; completing the dfs and securing funding are now the most important tasks, along with continuing to upgrade the resource.

Imo the DFS is 12 to 18 months away, and production 3 years away.

I cant not see the stock being better than 15 cents anytime soon.

hopefully they will get some exploration results on the copper which will help the price in the short term.