$3.00 /PJ is a kind of rule of thumb (obviously it varies).
Talking to LCK, TL says use $3 billion as a rough estimate (pre-flare test) as a "wet finger in the air" conservative prediction of the resource valuation.
Obviously hoping for better.
Best guess for CAPEX to get this into production and hooked-up to the pipeline is (ball-park) 1.1 billion.
Yes, I think this will get into the dollars (easily).
Not without risk - we have a high-court challenge being threatened by a greenie group, and who knows how that will go + need to pass the technical performance of the PCD.
It's a SPEC stock but has lots of promise, good team, good science and deep-pocket Chinese investment.
At the moment very under-the-radar.
Wonder what share price the next CR will be ?
Would think they would want to raise the billion in steps to minimise dilution.
IMO
DYOR
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