For those holding SFX with the aim of eventually seeing the real value of TB realised in a share price of over $2, this announcement provides good comfort around one of the major questions still on the table, that is, is ramp up going well and free of major issues?
The announcement describes the ramp up as "proceeding very well". Early production numbers to be released in the quarterly will go a long way at satisfying the market that TB's actual production is economic.
This is a further significant de-risking event and should give anyone holding the stock significantly increased confidence.
All the best for 2024.
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