I'll assume a best case scenario here in my prediction:
- licence grant in June - Processing plant outputs as expected by June - finance sorted out by the July - Definative feasibility showing good outcome by end of July - Envionrmental clearance by end of year
If all these are sorted out by the times mentioned, I reckon we could expect 8c around the start of July. Then anywhere upwards of 10c if the other milestones are sorted out. But time has become the issue now. I can't understand why this project has been delayed so much. they need to clear this up with shareholders.
PRW Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held
