I'm not so sure the resource update will do much for the sp as we have more than enough resource already and unless they increase the production rate materially as a result, just adding more resource at the back end of 40 years has little impact on the project NPV given discounting over so many years (so more resource wont = higher NPV).
Its not the resource holding us back, its the lack of a clear and communicated development plan, along with no funding or offtake plan yet. This will all come in due course so I'm not overly concerned, but until it does we will flounder around, severely undervalued vs peers as the market struggles to understand how & what will be development (and when!)...
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I'm not so sure the resource update will do much for the sp as...
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