SFX 13.2% 39.5¢ sheffield resources limited

Ann: Sheffield and Yansteel Execute Binding JV Agreements, page-132

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    Does anyone have a model of how share prices typically move (as a % of NPV) as a company moves through the various stages (this will make sure that we don't sell our shares too cheaply):
    Stages:
    - BFS
    - Financing secured
    - Offtakes
    - Final investment decision
    - Construction commences
    - Production starts
 
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