Next train station: "$3-City", page-757

Cheers PC. To my mind it's worth $3 now, excluding any value associated with future plans apart from the already funded term expansion of production. When will it get there? No idea. Dunno what else Mr Market needs to see. Maybe proof that the process is running smoothly and that actual costs are consistent with the PFS assumptions? If so I guess it could take 6 or 12 months before that is clear?

In terms of the value for the next stages, hard to say other than the upside looks enormous IF everything goes well. But the next stages are years away and there are many hurdles to be overcome.Having said that, many other stocks that have run far and hard on speculation which far less substance than E25 - so why not where? No idea. It could happen to us but I'm not banking on it.

A very comfortable hold for me, and would buy more if I had the cash. But not counting on any short term movement.