it was reported @6 weeks ago 33% complete on phase 1 (& on Budget), possibly in the Quarterly 4C?
Not sure if my maths is correct but was phase 1 A$120m?
Would we be/get to 40% by end of June? That’s $48m of the $120m? Only a paltry $70m to find.
That aside, our ASXxyz special needs mate has stated we are going to the wall. On the numbers above, if JP were to put the white flag up right now, you’d assume with only $70m to get to first phase production you’d pretty easily worse case weed out a bid for A$300m+ (60c per share).
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