EXR Trading 2025, page-33

Listening to 11-13.50 on that video is so interesting. He referenced our flow of 1m per day and said that he would consider 2 or 3 to be enough to be considered a success to progress to commercial. Shows how we needlessly set ourselves up for failure.

Also, Trevor is rarely anything other than guarded and yet he says hes gone from hoping for a good result to fully expecting one. Obviously things can go wrong but they have the resources to do the necessary remedial work if they do.

He's talking like if they achieve that they expect a multi billion dollar valuation