The answer is in page 13 of the most recent investor...

The answer is in page 13 of the most recent investor presentation. I think it sums it up very clearly. At current re prices, it is not viable. But a return to more "normal" levels, it becomes healthy. Everything required to proceed to mine is in place. We are now just gambling on an increase in prices OR the companies ability to execute off-take agreements at commercially viable levels. Yep I'm disappointed in the level of director investment commitment no doubt. But by the same token there is no "rats deserting a sinking ship" either. This is now risky investment territory (maybe moreso than before), but I still reckon the upside possibility is worth riding it out. Everyone's situation is different, gamble responsibly!!