As i said the project is massive so they will need to do a JV/sell a stake in the future because the capex needed to get it up will be quite large. However, the company is only valued at $65 million at these levels, so there is plenty more upside to go especially when you understand the size of the project, how much work they have already completed and that there will be serious supply issues in the coming years.
NC1 Price at posting:
83.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)