Our excellent business case has been further de-risked and solidified.
Imagine sometime between now and the DFS there's every chance of a finance deal and or an offtake agreement (or both), and further infill drilling taking place whilst all that is brewing, further enhancing the economics of the project.
We are sitting on a project which will be generating a cashflow of $75m per annum within a relatively very short period of time, yet we sit on a market cap of less than $70m.
So much of the legwork has already been done, not to mention the arduous task of obtaining environmental approvals. For a spec stock, we are sitting in an enviable position.
Sit tight and watch this baby blossom.
PMY Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
