Sorry, I can't remember where I read or heard the ML was anticipated by around the end of trial mining but it was public. Perhaps someone else remembers.
"You may be right in that they may choose to go straight to stage 3 once they have some significant funds from stage 2. I cannot see any info confirming this either way. Do you have info that shows stage 3 commencing well before stage 2 completion?"
No but that was my point. There is no plan on timing of stage 3. They will move to stage 3 when they collect enough info to let them know what might be the optimal size of stage 3. I see no reason why that would take more than 1 year -if that.
"Bit confused here as I didn't mention any cash flow estimates in relation to stage 3."
I realise that but you assumed stage 2 continues for 3 years and I was just pointing out my assumption is an earlier move to stage 3 therefore giving different cash flow estimate.
ABU Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Held
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