"So based on that timeline graph, we should be approaching institutional investment?" Pittbull
Not necessarily. It is a rough guideline or path. JVs, t/o, dusters, etc. can change the picture. However, instos embrace de-risking (depending on the insto moreso than profit), so the sp correlation with the graph has merit.
Alongside the mine construction is the drilling which, if successful, re-rates LOM and production thereby further lessening risk. I placed that front and centre in my investment thesis here.
OV
PS The first minute of this video shows a shocking new terror threat to Oz. It is my understanding that Peter Dutton has been seen screaming at the skies (because he's NEVER had a clue in his life). Watch if you dare. haha:
PPS Hey hottie vestor! Downtrend Friday after market, Saturday neutral. Should I SELL Monday open? Or will an UPtrend reveal itself later today? I gotta know!!
TAW Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held