tbh - not much
the project r at a stage where it is all about tightening the offer- so to speak
all our previous works to date have got us to a position of let’s say 85% - the work currently underway tightens this to 98% , which allows us to have absolute guarantees with regards to our minerals estimates , allows us to have absolute guarantees with regards to our initial and ongoing production capacities and allows us absolute guarantees to move forward with our financing and construction
whilst I am expecting some extremely good Ann’s very shortly- that could be next week or next month, however these Ann’s I’m referring to will then lead to final feed and financing
imo it’s not a stock to be out of over the next few months, as there is plenty of very price sensitive/ company defining Ann’s on the way !
How the market reacts , no idea , but- we should move at the end of these Ann’s to “ investment grade -ish “ status and have a Mcap more in line with our peers with/ at similar stage/ resource size/ production size etc etc - and from my own comparisons - that is many many times our current Mcap
Not to long to go now for the rerate imo - obviously subject to the Ann’s as noted above
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