Up to the Coy & Board to pay whats required to get the job done. Have seen many Asx Listed do same last few years.
No need to Micromanage these guys - trust them the to do the job - if you don't trust them, or they don't perform to expectations, exit the stock.
So far, apart from the Momentum traders pushing it one way then the next & questionable trading around announcements, they have done a sterling job.
Having said that, will watch closely due to Country risk & Chinese connection - Management the key as always with compliance issues important for transparency.
Very unusual for such a quick Stage1, low cost plant & revenue next year & we can thank an extraordinary deposit for that. Management has its work cutout so will be interesting.
Price Catalysts between then & now, with gyrations noted above, will be Market direction, indicitive Resource, offtakes, finance, partners?, NdPr price sentiment, etc the list goes on.
All the best, will be an interesting journey but one has to be there IMO due to compelling fundamental value in the right space.
Time will tell - nothing certain in today's volatile world!
Cheers
LIN Price at posting:
19.5¢ Sentiment: None Disclosure: Held
