They prob have results already, just awaiting time in a rising market to announce it. They rode it with Coal during the Ukraine war start…. Now there is crickets
if AU (gold) goes up, then expect an announcement
likewise Lithium spot price is still copping it at $910, mine will shut and supply is gone. Then they need it all of a sudden and the price will get to $2000/ton
maybe $2500-3000/ ton
it’s not going back to 5000-6000/ton where PLS make heaps.
when the tide rises, the NPV does of a tenement that is close to PLS. Then Alan gets his favorite M&A pen out
& finally does some work
General NAE discussion, page-489
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