I personally see us higher than 1.1 cent by Friday as I interpret market interest as a precursor to private funding on its way.
My estimate is 1.2/3 cent, without private funding update.
Should we receive private funding confirmation within the next 2 days, that estimate will have to be upgraded much higher.
Monash will have all its boxes of due diligence and derisked assessment ticked by supporting a technology which, in my opinion, and apparently increasingly shared by market, got into the finals for the ALDP negotiations round, and has its construction ready plans finalised under budget and in time.
Under budget and in time are descriptions not heard for a very long time from management, after more than a year of missed deadlines and empty promises of our CSI.
That alone is such a strong indicator of positive developments, which in parts are not allowed to be shared with shareholders, but market does a good job to tell us anyway ( so did one very fortunate DPI website leak which we had the opportunity to read for one day, thanks to SP3 ).
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