Ann: Investor Presentation - May 2021, page-208

POSCO just valued Ravensthorpe at $800M at 12kTpa production.
only a 30% minority stake, AF AF ignored it again.
POS with higher grades and closer to city at potentially triple that production valued at 25% of that.

even assuming 12KTpa production from GS for 5 years without adding in any extra for SS BS W LJ, thats a 29c SP alone so the same as MST Access provided. POSCO must be having a good look at POS right now, maybe an offtake offeree there.

MST Access figures looking good then for purchjase valuations.
Yet add in the extra ebitda and extra 4 mines and LJ then thats 75c-150c ps, sure im dreaming.
CR not needed till September/October in my books and an offtake prepayment is the best answer like for PAN of $40M cash & $20M credit line
go with offtake terms not CR imho.

Hey @Dietch yes you can fly over and ill drink the carton of crown largers with the driller boys at the staff room.

The pumped up driller boys looks like theyve found EUREKA.
market is asleep still, capper hard at work still, t/o target for sure.

rise from here I think is on the way.