What are you thinking? I feel the potentially low interest from various institutional investors (with retail still holding s decent portion) could be from the uncertainty in valuation based on future production. I don't think they would make any decisions without firmer numbers and don’t think that will be released (for stage 2 production flow sheet outlining how they will scale the plant etc.) until the revised DFS is released just before FID later this year. While BLM ROD will be a one off good news, I really feel the serious money will stay on the side-lines until a clear valuation can be made. For now all we can do is speculate on what they will scale the plant to based on information on hand at this time (I’m feeling stage 2 to be a x2 or x3 the stage 1 - 22t LCE PA production). Are you thinking SSW pulling out or equivalent as a bad news event?
Ann: Trading Halt, page-46
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