Av sale value today < $2.5k.
Low 30's a possibility, I'll be buying, we need to see some serious money come in, which I believe they will on more substance.
Next weeks & months have:
First sales
Offtake agreements
Feasibility 50ktpa Ph2, which potentially will coincide with offtake agreements/development finance. CD will not be desperately trying to sign up sales to just anyone, he'll be courting LT partners prepared to finance the expansion.
Ph1 14ktpa refurb & commence production next Q.
Lots to come in a very short space of time, not forgetting CD is on a $220pa package, but with tranches of ops tied to some of the above performance objectives. No play, no pay.
I'm quite content to kick back on this one and watch it unfold, after waiting 3+ yrs.
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