Premature talk of stage 2 - seriously - it is but a concept at...

Premature talk of stage 2 - seriously - it is but a concept at present - where are the monies allocated to do an expensive PFS/DFS/BFS - extensional diamond drilling deep below the current 400m JORC before they would green light any such stage 2 development. They are focusing as advised on the equity component and immediately commence construction thereafter FID - stage 2 whilst positive is how long? Having said that a surprise to modest additional production say 500T at Nolan's stage 1 could arrive - would be sensational - demand appears is certainly there - additional financing could be seen as minimal and lower OPEX more? Speculate - do Insto's know of such - Hatch has been busy and raking in multi millions - could they be designing for another 500T product?
Sugar hit with the TH and you thought equity was to be announced and now stage 2 and the significant numbers you pose is going to be rolled out without the above due diligence and extra substantial financing required when they go forward with it and in what of many possible scenarios.

Long ways to go in securing FID as we now see - have confirmed opposed to the regular spin we are advised - opposed to what we agree that Gina and other insto shorting have minute by minute in depth details (akin to inside trading however common practice and authorities have no concerns) - therefore they continue to invest I remain bullish. Likewise the substantial dilution - why the fuss by many? Gina and Insto's are not concerned - they know how it works - as I pointed out with Lynas and Paladin just 2 - whom at the appropriate time did share consolidations - what were the 2 main considerations in their timing - enter production and favorable RE and for Paladin Uranium pricing - our time will arrive similarly. And why do a consolidation as it does not impact the value of an insto or retail holding (unless a company delivers such untimely and the market does not approve and the sp does not hold) - they do it to advance into ASX200 where they can then attract more large institutions on their register - more sp stability and growth - more growth/financing opportunities.