I asked AD a few yrs back when prices were high as too why they hadnt looked at securing a RP offtake like another RP company did, his response was along the lines of we are trying to maximise our efforts for our shareholders and locking in an offtake at these prices we could be missing out on higher returns for our shareholders. This was around the time RP was at its highs.
So now they need 200 million plus, thats a billion shares at 20c, 800 million shares at 25c and 400 million shares at 50c, now run those through and see how your earnings per share look now.
bfs respond, page-15
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