I agree the DFS ann will light the fuse. But also, the DFS will be a key announcement given the numbers (at 10%-15% accuracy) should be a very good indicator of the final financial metrics of the mine (c.f. PFS at 20%-30%). The DFS will set up the project, and management have already said that they intend to progress the project very rapidly after that (offtakes, financing and FID to be done and dusted by early 2023, then straight into construction, see below). So there are many catalysts to support a significant increase in the share price over the next couple of months. Note too that the SP is still following a clear long-term uptrend established over the past 2.5 years.
All IMHO, DYOR
VR8 Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
