Given the permit is granted. A possible outcome from my understanding is:
1) A restriction on how many tonnes can be mined each year,
2) Rehabilitation, dust, contamination measures,
3) Bonds to be placed for the above.
Given the above is within reasonable expectations (and I do not know what that is). What are thoughts as to where this share price will go after the announcement. Obviously some upside is already incorporated in the share price with risk. The announcement on the basis it is positive takes away the risk.
So what are thoughts on allowable annual tonnage?
likelihood of where share price will initially go ?
Personally I am hope the share price might get to say around $2.40. Do you think that is realistic ?
Ann: Permitting Advances for Battery Anode Project, page-63
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