The only realistic way I can see Elevra getting getting something out of Moblan is getting the likes of ALB developing the project with Elevra having a free carry with a small % of ownership or some sort of royalty....or alternatively selling the asset which could also involve a royalty...we are a very small fish.
Regardless, it's a few years away from anything happening that could generate any revenue and any decisions will depend on how NAL performs, its the only potential cash generator. If we can't generate cash nothing will happen.
This sector evolves so fast through technology trying to second guess how it will play out is dart board territory.
Cheers Whisky
SYA Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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