I just wish they could release something meaningful . First they say "we are going to build a pilot plant with 10,000 capacity cost between $32 - 52m". Now they celebrate increasing this by 5,000 tonnes but with the same MASSIVE $20 million Capex range. Also, still celebrating that it is substantially less than the DFS US$99m.....OF COURSE IT IS, THE DFS PLANT WAS 60,000.
I fell like they are being treated shareholders like idiots and releasing anything in the hope it will increase the sp.....no thought to long term. Western debt will not touch this, how will they secure the debt, on the value of the Ancuabe tenement??? No chance.
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