No such things as a sure thing. What is sure is that if we are running name plate 500T PM from January, then we are in a significantly better position than what we are in today. You would expect that would be reflected in the share price.
I am still unclear on what our revenue per T is expected. The graph that has been used indicates around US$1,400.00. It is hard to work out what the cost per T is as this would have changed since the upgrade.
Provided it is enough to fund the 20KT extension and fund the prospecting then we are doing great.
Our game is Graphite, if we strike it with Lith that would be a nice Multiplier.
BSM Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
