If we can JORC it, again, assuming its worth it, then it wouldn't take 18 months for a DFS. with that said too, if its fully funded from the tin they could just skip a full DFS as they don't need to shop it around, just figure out capex and lift costs and your off and running. Infrastructure is already there as its queensland... i think if this came back with insane grades and indicative volume that suggested worth a full til run, maximum 12 months.
You gotta imagine that investors would crawl out of the wood work so they won't be short on cash. I imagine that DGR would pressure them to spin it out so it can trade independtly.... why not double your doh. We as existing shareholders would get given a slice of the pie and everyone retires stupid rich saying "I can't believe I got in under 1c". I know it seems like a fantasy, but it would seriously be that simple. ANW rerates to 20-30c on full tilt tin, and this new cobalt company independently with our free shares at Xc..... it would be a good day
ANW Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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