It will be the securing of finance and an offtake agreement which will see the SP move up substantially....
It is a given that there will be a resource increase the only unknown factor is how much....and what we will find..
Looking at the geography and the fact that there are a lot of countries now scrambling to get a foot hold in this region i strongly believe that we have substantially more resource than what has already been announced...
The 10 billion tonnes of IO has been tossed around as an amount which i think is not unreasonable given the existing geography....and who knows what other little gems we will find in them hills...
SPP for non institutional investors(Champions) is an attempt by management to include everyone in the process...without having to issue a prospectus and the huge costs associated with that....the only benefit at the moment is no brokerage fees...
- Forums
- ASX - By Stock
- concerns vs confidence
It will be the securing of finance and an offtake agreement...
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online