It doesn't matter if the process takes a couple years.
There are plenty of companies who only have a great resource and are valued higher due to future potential.
Here you have it all with definitive numbers spelling out the future potential. If the current MCap was say $500mil right now then I can see why there would be lukewarm response today but at this Mcap it is nowhere near the right re-rated price.
Ann: Blackstone Completes Ta Khoa Refinery Pre-feasibilty Study, page-25
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