Raise enough to cover operations costs until FID, BFS is an expensive item too. CEO could attract some funding partners too. There should be good newsflow over next 6-9 months, so get them in now.
Positive expected news-flow over 6-9 months: Q4 PP successful operations on stage 1 and 2. Offtake customers test material and confirm purity create MOU for offtake etc. Potentially become funding partners for increasing capacity Cook University study confirms waste could be a salable product/disposed for free (basically inert material no environmental impact) Approvals and BFS complete. NAIF application lodged etc etc.
PM1 Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
