bro all the SS I saw requirements 150-300mil capex. No wonder non of them propped up. Regarding market is cautious just look at WC1 AW1 CPO they go ip double digit on just drill result. Our SS is banking on low capex and high NPV when you ratio that this has potential to be 4-6 baggers NPV in comparison to capex. Also, 40-60mil to develop a mine is dirt cheap easy to raise in comparison to those 150-300mil capex without mining license in some cases. We can start developing as soon as we get offtakes.
Ann: Trading Halt, page-15
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