Loosely;
DFS > Offtake agreements* > debt/raise > Re-start mine (in 2024, if everything goes to plan.)
* To justify the restart they only need offtake agreements to cover the cost of the mine.
* The restart can be speeded up a little bit by ordering long lead time items sooner than planned.
See this (from 12:36)
Btw, they can't talk about desired price until the DFS - i.e. they can't talk to the sell price until they know their cost.
Lot target price, page-10
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $402.9M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.0¢ | $567.0K | 2.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 221600 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 284100 | 11 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LOT (ASX) Chart |