With all the CR talk, this would be my strategy if I was on the...

With all the CR talk, this would be my strategy if I was on the board / was the CEO/CFO with my target SP...

• Currently on stage A, lots of trials, some minor capital outlay but not 100% committed to progressing
• Lots of fear in the market, very few players are dominating trade due to lack of certainty 50c - 60c
• Have sufficient cash reserves to progress the project to stage B, no CR needed yet
• This will show tangible / irreversible progress, share price should appreciate and more players enter 80c-$1
• With loans from the government approved, this will allow progress to stage C and increase confidence further - $1 - $1.2
• Commercial debt to progress to production / sales $1 - $1.4
• CR at no less than $1.20 to support cashflow during ramp up stage
• Ongoing production, positive EBITA, no need to pay off debt in a hurry, start with 40% return to shareholders as dividends, 1c - 2c pa. $1.5 - $2
• 10 year goal, 70% return in dividends, 5-8c pa. Refinance debt and start paying down $2+

May seem naive but this is the reason I am holding and wish I could buy more.

At the end of the day, I am an amateur, have no idea what I am doing and will probably end up broke and desolate so don't believe everything I say!!!