Yes, absolutely … the issue is that the company pumped the fairytale notion for most of last year of a 50,000tpa base case. This was always BS imo.
Retail loved it. They loved the idea of “2024 production; 50,000tpa rate”…. And the BEOT loved that too… they rinsed retail …. And Steve sold $10M ++ remember…? “Standard practice” remember..??
Now the truth telling phase…. Reality will hit home if DD does a proper job.
All eyes on the DFS to scrutinise timing, production capacity stages etc etc.
Time will tell if it’s just more fairytale BS.
Perhaps they’ll do it to allow the BEOT and paid sponsors to rinse retail one more time….?
The reality is that even 10ktpa will take +2 years just to build and commission. Add permitting etc etc and it’s 2027 at best, no hiccups or major issues… and we all know there’ll be hiccups.
Truth
Telling
Phase
Good luck
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Last
6.5¢ |
Change
0.010(17.3%) |
Mkt cap ! $110.1M |
Open | High | Low | Value | Volume |
5.6¢ | 6.6¢ | 5.6¢ | $1.248M | 19.85M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1142266 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 1330465 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1057266 | 0.064 |
12 | 1037598 | 0.063 |
11 | 688729 | 0.062 |
7 | 1666377 | 0.061 |
16 | 545966 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 1340465 | 9 |
0.066 | 1975777 | 18 |
0.067 | 286000 | 2 |
0.068 | 973299 | 11 |
0.069 | 440338 | 7 |
Last trade - 13.04pm 17/10/2024 (20 minute delay) ? |
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