Scanned the PFS before a meeting this morning and thought you beauty. Came out 2hrs later and thought WTF? Have gone over PFS now, compared to peers etc, and cannot see a rational explanation for the sell down. Can only assume humans have proven themselves to be sheep (again) and normal programming will resume some time in the future.
Have a look at the NPV figure folks. Market cap of companies that successfully go from explorer to producer close the gap to NPV. And we don't yet have all the upside priced in - i.e. a fairly conservative PFS in my view. Crazy stuff.
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- Ann: Outstanding PFS for the Goongarrie Nickel Cobalt Project
Ann: Outstanding PFS for the Goongarrie Nickel Cobalt Project, page-65
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