No disagreement on any of the metrics in the BFS. The numbers used I believe are still conservative in relation to other prices being utilised on other ASX listed silica plays, which bodes well for the bottom line - therefore proving the venture to be profitable.
Risk is in the amount of debt we undertake without producing a profit and the inherent risk of being swallowed by a bigger fish.
If we can get through that and all the shareholders have diamond hands then we may see the overly optimistic share price predictions of some on this forum.
Thing is the timing of that is still years away, despite what others here seem to believe.
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No disagreement on any of the metrics in the BFS. The numbers...
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