Along with what is currently in the Kitty and the commitment to provide the next $10M we should now be in the position to sustain all ancillary works on site and on the New Exploration area's till 2022 when Longonjo starts generating its own cash flow.
Good to see we are now seriously looking at a producing a BFS, as this is a strong indicator that Longonjo will be financed thru Debt rather than Equity.
With a Registry of only around 200M shares, we would certainly be able to push Lynas into 2nd place for SP.
PM8 Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
