Daily price prediction thread, page-886

I agree "the general sense is that the offtakes should derisk this and unlock the funding discussion so it should serve as a launch pad."

This is not always the case - G1A is a good example - great resource, cash in the bank (no foreseeable CR), - they get attractive offtake signed and cement in their funding and have commenced mine construction - their share price did nothing really in fact is still below where it was in early 2019 before the offtake and funding (albeit there has been a nice jump just prior to Christmas). They also have an ongoing drilling program which appears on the surface to have great potential.

I have no doubt that as they get closer to mine completion and output the SP will rise ( their current drilling program result if good should also cause a jump) - but they are an example of where the market can be fickle and not immediately reward a company via its share pice as it moves through off take, funding and construction until production.