It’s tough to predict without full knowledge of the updated figures within the BAM study. I’m no expert on this subject however, there are people much smarter than I am (Bombers, Scarpa etc) who I’m sure will give a comprehensive view on this once it is released in the coming weeks/months. There are many positive variables which most of us know should have a great impact on the updated study from the previous study however the rising costs/inflation will also play a part on the negative side.
Either way, it can’t be too long before we have access to the updated numbers. Following this - Offtakes, FID, final approval of 185m Gov loan, commencement of construction and also updated expansion drilling results which are ongoing at the moment. Hopefully all of these upcoming announcements are positive and followed by a generous rerate! GLTAH!!
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