Just do the math . . . of course we're going straight to stage...

Just do the math . . . of course we're going straight to stage 2.
An extra 70m cost when we've already specced the mill to handle it.
Gangfeng just announced net profit is up 405%. The question is not can they afford it, it's can they afford not to do it?
At current SC6 price what would be the IRR of the stage 2 section at nameplate . . . 5 weeks??? . . . 1000% IRR????
We've already got the a commissioning to do. No change
We've already got a ramping up to do. No change.
But now we've got Simon Hay . . . Big change!

Don't let the share price increase disparity between FFX & some of our rivals fool you into underestimating the financial metrics of what's about to happen before your very eyes. We've just got a "Fat Controller" controlling the SP like they're walking a dog.
If an extension proposal came across your desk with just a quantity of tonnage risk associated wrapped up & labelled 1000% IRR . . .
Would you press the button?