Hahah I bet 162% of that gain was in the two months leading up to that declaration of commercial production. 2022 was a different environment and this is a different beast than BGL.
People here need to switch their lenses imo. Each announcement is showing you another option for the mine plan and that’s slowly becoming all that matters. They will not FID without knowing they’ve made that very clear lol.
Plant upgrades, paste plant and declines are non-negotiable but the debt:equity mix is and the mine plan will determine what is needed and when. I suggest people actually look up some examples of mine plans and capex sunk and deferred in years to come to get an understanding about how SPR may go about it, which is clearly changing every announcement.
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Hahah I bet 162% of that gain was in the two months leading up...
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