Bad miss?
Personally, I couldn't care less after that update!
Recent samples at well into 5N purity and approaching 100% purity so probably hitting 6N. Smaller market but what does 6N sell for? This company will be able to sell higher purity 4N HPA in bulk probably at very good prices if purity is close to 5N and also be able to sell 5N and possibly 6N on smaller contract requests.
I'm thinking my average price assumption at US$20,000 per tonne might be way too conservative. My sp target price jumps substantially at $25,000 per tonne average and if I have to wait another month for the DFS, after this update I have no problem at all. It gives the sp the chance to move higher again ahead of what should be a very good DFS.
This is much more of a buy for me now than it was last week.
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