Well, if history is anything to go by the DFS NPV will be multiples of the PFS, until of course it isn't, and the mkt cap ends up higher than the paltry DFS. If history continues to repeat after that, then the CEO will tell investors they have failed to understand the DFS. I see the old lines are also being trotted out, like all you need are a few diggers and trucks. Wonder how long until the banks are lining up, and offtakers are jostling for the product. LOL. I don't believe there is enough market demand to justify the cost of shipping it great distances. I think a local farmer might make a nice side gig out of digging up the mud, maybe DSO direct. But beyond that, well, look at the history.
https://www.abc.net.au/news/2009-12-23/carbon-push-may-cement-mines-future/1188412
Add to My Watchlist
What is My Watchlist?
