Might be more bumf, but it is more bumf that is heading towards a positive mining outcome, not away from it.
The likelihood of them getting this off the ground is probably about 5% priced in the S/P
The pre-feas is coming, if they can get a pilot plant up and running the re-rate will be massive.
Going to take time though, and in the mean-time whole mining sector looks a bit shite.
Ann: World-leading low-carbon credentials for Lake Hope Project, page-3
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