Yes but at the same time capex of $600,000,000 is hard to obtain for a company with a diluted MC of $150,000,000. You've gotta assume some level of dilution to get the cash is necessary to generate said cash flow.
Anyways I have had my say, just wanted to outline why this would get sold off to those who may not understand the intricacies. Was a really good opportunity to sell early and buy back 20%+ cheaper to those still bullish.
Goodluck y'all.
Ann: Outstanding PFS for the Goongarrie Nickel Cobalt Project, page-38
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