General Discussion Topics, page-127370

but if it were funded and had a timeline there would be a value ascribed.

Yes but there always an "IF ".
The actual terms would dertermine that value along with market conditions now and even a timeline would be in jeopardy , companies much larger than us will be, if not already, reviewing projects with cost blowouts, changing technology coming up against falling prices. With projects taking years to completion yet technology changing almost daily its not easy to commit funds that far ahead with any confidence.

Anyway we will never know , we are where we are now regardless and no amount of speculation will change that, its how we proceed from here that has any real relevance.

Its incredibly difficult time for any small producer in the sector and shares can be picked up now at around a third of the price they were at the time of the CR which itself was over 50% off the highs.

Timing, luck , patience and confidence play a large part in investing and the market itself doesn't give a stuff about what price we entered at or what perceived value we might have on it.
Being in the lower end of costs provides the biggest chance to get through times like this and be in a position to benefit first from a recovery and thats the main challenge/ priority IMO and we know they are working on that.

Cheers Whisky