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clock Created with Sketch. 10/07/24
18:35
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Originally posted by dawgfather:
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I don't place any emphasis on that broker average stat. But in relation to why it increased overnight to 80 cents - there's no reason for this as none of the brokers have issued any revised price targets (that I am aware of). I think it may be some technical glitch (it refers to the average of 3 brokers - whereas I know there are 4 covering LRS, Bell Potter, Canaccord, Redcloud and Pac Partners).
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As I posted yesterday, any CR will be After FID in Q4 or Q1 next year. Expect DFS this quarter and offtakes agreements (likely up to 3) for 40+ of phase 1 production over first 5 years with potential prepayments. Offtakes after DFS this quarter or Q4.
(20min delay)