I can tell you for a fact Clem that right now, the NTG is fiscally pretty up against the wall and that any minor investment that results in hundreds of millions of dollars in royalties in the end, plus all of the GST money associated with more workers coming in, plus the money that the company and the workers spend in the NT will be welcomed stimulus.
They will not be an issue in any way, regardless of whatever way the election goes on the 22nd of August, although for the record, the bookies have Labor as the likely winners at the minute.
But we need that revised DFS so that we can legally and responsibly claim in a contract to fulfill any Transamine offtake agreement (with ideally more than 50 0000 tons per annum).
If they want extra great but equally, management needs to dispense with the b#llsh$t and provide real timelines here as to when we should be sealing the deal and when that DFS will be public.
This isn't last year waiting on the fairies to give us our MMP while we agonisingly wait on a 3rd party to suss it out. We have in control of most of the factors here and they should have a pretty good idea already what the DFS should look like given they were talking about releasing it last quarter.
Tacair, if your reading this, have they responded to your email yet??
CXO Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
