Agreed - so many positives that can be taken from the quarterly. Key points that stood out for me were:
Further exploitation upside opportunities being considered which will allow for resource expansion and extended mine life;
Improved flotation and recoveries to be reflected in an improved DCF
Advancements on the offtake and project financing front
Strong level of cash on hand indicating that the company has sufficient funds for working capital between now and project financing.
Aside from the above, the company has continued to reiterate their intent to finalise offtakes, project financing, FID and an updated DCF by the end of Q1 2021, with a view to commencing construction at Yangibana by Q2 2021. Exciting few months ahead for shareholders I would have thought!
Cheers,
L
HAS Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
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