So excited with this announcement. Its felt like an eternity but...

So excited with this announcement. Its felt like an eternity but we're mining. Thanks to the last seller at 6.0c managed to pick up a small parcel. Had to sell gxy to do it which was hard but think this has more profits to be had.

Some back of the envelope calcs from the numbers presented gives us cash flow of 22.73 million next year. Using a cost of $25 per/t thats 16.48 million profit (i assume royalties and tax will still have to come out of that).
To build the plant how much cash/income would we need before debt financing becomes an option Eg two years cashflow or would we wait until we can afford it outright so we don't get stuck if the price plummets again?

Sorry if the numbers are off its very rough calc happy to be corrected. All IMO.