Yeah, 9am, but still some hope that people will get a chance to sell into 0.5c today.
Still some IFs from the announcement, like the crusher hasn't arrived. And the first month is only targeting 2000t and we know from spot price and scoping study that margin is about $80. So we can't even pay one directors salary for that month. Far from profitable.
Not to mention very little of the sales are cash. It goes towards debt reduction. So how do we pay directors? CR? Or another generous Celtic note?
It's still a hold, and hope the crusher sucks a few in and we can sell into the strength. But if it gets delayed then we need to wait longer.
KAB Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
