Good update with clear detail of next steps involved. Plus now 75% owned.
With mining licence on the way and all signs pointing to production, should be worth at least $1bn market cap (31cents) as project moves forward. 1 Billion tonne+ project.
We saw after offtakes SP 15-17c $500m+ cap generally became a minimum value.
Will climb in time. As they mention in announcement. *Intense* interest to come. "All factors are aligning around our project financing discussions, with the project on the cusp of reaching a bankable status and intense global interest in the green battery minerals sector."
Biggest hard rock resource and still valued much lower than ASX producing peers, with market caps in the billions GXY $2.6bn merging with ORE $3.1bn PLS $6.3bn