Long term holder here. I understand the price of the metal is low however I'm starting to reevaluate my position with management. They keep moving the goal posts and when you do that you never complete anything. The DFS would be 99% complete. Now they want to prepare a smaller sized project report. What i don't understand is that the Broken Hill project won't come online until 2027 and that's the year they are expecting a larger imbalance in the market. It takes a long time to build a mine so why would they delay it.
I'm reconsidering my position here. I'm starting to have doubts they will complete the work for the refinery by mid-year.
COB Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
