The IPO would be lacking if using 2016 PFS numbers.
So we likely need:
Cash from Chatree production to fund:
Time/money for resource update.
Time/money for PFS update.
Time/money for IPO process.
2026 then?
If going straight from resource update to IPO, then how much can you expect investors to pay, based on outdated 2016 PFS numbers?
FY25 P&L Predictions, page-12
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