General comments/chat, page-17005

Couldn't reply to your post directly @bcjk3.

Considering we are yet to have our mining approvals completed and a year to secure all our customers to sign up and pay A$700 tonne perhaps I can unfortunately agree with the unpopular opinion that we are overvalued taking into account production/approval/mining risks OR THE MARKET IS VALUING A MUCH IMPROVED DFS?. Some may even ask themselves the question, why wait and see if management are able to deliver on all these points when its already trading at a share-price equal to them being in production?

Well I guess the other camp of thinking is believing that management are able to reduce AISC costs down from A$356 and increase profit margins, DFS would significantly increase project economics, we are able to sell to different industries a higher-grade halloysite product which would fetch a higher premium A$1,000+ (i.e coatings, concrete additives) or just increasing our output to sell more to customers.

Most investors are speculating on the blue-sky opportunities, and PFS numbers would say we are overvaluing given the mining/production risks we are still facing at this point in time imo. Please feel free to debate any of my opinions, I would love to hear what others think here. I'm not trying to be hostile, but find a voice of reason given the recent run up in the MC @wombat777 / @Disclosure / @Goldhawk11 would love to hear your opinions.

apologies for the double tag @Scarpa, posted my post and realized you had replied. thanks