Not so sure about that. Laverton PFS is imminent, and if I'm interpreting proposed schedules correctly we should be mining in H1 2021. Market liked something today - strong volume. I can see the PFS having an NPV of $300m+, given Coolgardie was $180m+. That's effectively a $500m company with only finance standing in the way....but a very good precedent already set with the $20m loan. Ducks are lining up imho.
Ann: Focus, CARE terminate Laverton Joint Venture, page-8
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