Yes I am optimist, particularly with stocks I invest in. If they finish everything at Vali by the end of February, it would have taken then them about 5 months from when they started the site works which was around mid September. When they announced the commencement of construction in mid September, they were expecting Vali to be in production by December, that's only about 3-3.5 months. With Odin they started mid December, with no rain delays, having only one well and with only 1.4 kms of pipeline, they should be able to comfortably finish it in 4 months, that will take them to around mid April. Hopefully, they have learned a few things from Vali and will be able to reduce any delays and streamline the process. IMO second time around management have a taken a conservative approach to their time estimates for Odin.
MEL Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)