largo pfs, page-8

Think it was @benson7 who softened their expectation due to the V pricing he thought they might use ... i Honestly couldn't tell you mate what's gonna cause the re-rate I personally am expecting a rerate once we have a PFS to possibly 40-75 million market cap which would put us at a similar valuation as AVL currently, but the markets been pretty crap lately so wouldn't surprise me if it didn't move initially.... what will put a rocket under it will be an offtake! TNG ran to all time highs on the back of their V offtake 3-4 years ago ran from about 4 cents to 28 in 2014 the year that all happened ...Don't think any other Asx Stock has signed a V offtake since! But like I said the re rate may have nothing to do with TMT milestones but maybe just more awareness of V and VRBS in general and the market finally wakes up.. I agree major re rate needs to happen before major project financing. But Finance is a long way off still have PFS, offtakes, environmental permits and DFS before final finance and we Currently have 3.5 million cash for now plus roughly 8 million from conversion of options due over the next few years, should be able to get BFS without much more dilution so plenty of time for major re rate before big financing