It's a good announcement on a few levels in my opinion.
1. We are a couple of weeks away from our DFS (trying to get it done in August is 6 days - basically says it is done except for the peer review)
2. Long lead item secured, we are still on target for construction and mining schedule. This could secure our path to being first to mine.
3. Would you commit to a long lead item if your BOA was in jeopardy?
No hints at why we have seen the sell-off, other than there are games afoot that will be revealed in due course. Hope to see some strong trading today.
Ann: Pilgangoora Update - First Long Lead Capital Item Secured-AJM.AX, page-5
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