Given #2 (moving DFS to March) here's my latest thoughts on range and probability for upside between PFS and DFS:
Scenario #1 listed here, albeit unlikely could still occur if they don't secure sufficient offtakes for the more bullish scenarios ... although perhaps from industry interest they already have in the concrete applications, the more bullish outcomes are increasingly likely.
- 5% chance project economics will be up to 1.5x PFS economics
- 50% chance project economics will be between 1.5x to 2.5x PFS economics
- 30% chance project economics will be between 2.5x to 4x PFS economics
- 15% chance project economics will be between 4x and 5x PFS economics
Given #2 (moving DFS to March) here's my latest thoughts on...
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