need to read through full report and wording before i add my thoughts to its entirety
emotionally its a disappointed for sure that it's another wait.
economically its not surprising , said few times the current ore price makes the project borderline which would need to be weighted against forecast prices to extending the FID.
Hopefully the usd declines (interest rates start to go down) and the inversion of the ore price starts to increase
Concerning is the next cap raising and at what price and how many shares. - a redemption in part to this announcement would be the sale of teaside land to see us through with enough funds until december..
Ann: Quarterly Activities Report and Appendix 5B - March 2024 Qtr, page-8
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