They are still putting themselves out there at various conferences which is positive. Exposed to a couple resources stock at the same stage (equity and FID) and they’ve just gone to ground with next to nil market engagement.
Biggest move is potential production is early CY25 (between Jan and April 2025) so with a 20 month construction period, they’ve given themselves 4 months to bring it all together. Seems ambitious if you were just getting to the start of the journey however they’ve been here for a while so you’d love to see POSCO and debt term sheets before end of May to have a quarter to lock for FID.
Compelling at 12.5c
Ann: Sydney Mining Club Investor Presentation, page-3
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