Nothing seems to be firing up the stock price.
Not even the mentioning of a scoping study.
They have a crap load of data for the scoping study, they'll go for a T1 scope.(Thats the holy grail)
They know what it cost to build a plant and the implementation, that works already been done, just add post Covid costs and x 3 for increased output.
Output will be 10,000-20,000 tonnes so it looks attractive for JV.
JV partners any bodies guess .Maybe locals or a spac.
They have to do a JV they just won't get the finance. Zip creds.
Scoping studies read like a good novel before bedtime.
If you want a read just before bed..have a look at American Rare Earths scoping study.
But you won't get any complaint from the bears at Nechalacho.
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