They need to release the DFS / NPV for the whole project (not just the restart study) to get a share price uplift.
How else do you avoid raising circa 1:1 for the restart financing?
Hopefully that happens and this is bottom
The DFS also needs to show how the cash from the restart will finance the next stage and so on. I think this is Key and I'm cautious to tip in more until it's known
Construction costs have gone up since the restart study was out, so don't (market) be surprised by $5-10m in escalation.
Could do with some good exploration results from a JV partner right about now!
They need to release the DFS / NPV for the whole project (not...
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