so an announcement comes out for a revised scoping study using updated prices , cost estimates etc etc about a near term project with NPV of over $100m AUD (approx 15x of current Market Cap) and the feeder project to become cash flow positive, and you're nit picking the aspect which provides the status of the Off Take agreement discussion / negotiations ?
Really ? when Off Take is the pivotal block to fall in to place to mobilise the whole strategy for the company.
I've got to say, that is a pretty strange position for you to be taking when the announcement is about a $100M NPV and surplus profits (not just cashflow) during a 4 year LoM just to remove the top 100m of material that is in the way of the potential main prize of a porphyry below it.
each to their own, I guess.
AAU Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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