Looking at the "next steps" section, it reads to me that this announcement IS the go-forward case. I.e., 5mtpa startup, 10mtpa after 5 years, and further expansion thereafter.
The next steps are the work required to transform the optimisation study into the DFS.
Happy to be wrong, but I don't see there being further announcements regarding go-forward case in Q1. The further resource upgrade is 1-2months away (from Tim's interview).
It is crazy to think that MGT is at ~$42m market cap...
Ann: Optimisation Transforms Razorback Iron Ore Project, page-74
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