Todays news is work that should have been completed over 12 months ago, even then the testing doesn’t come close to an accurate representation of the volume requirements for Stage 1 alone.
Capex and Opex figures in the DFS remain the dark cloud overhead as the market expects these to be extraordinarily high.
I’d like to see shorts decrease significantly as LKE still has approx 100 million open shorts and still well and truly in control of the SP.
One positive is that this is finally the first announcement that actually contains test data, one factor substantially lacking in previous announcements.
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