How about the prospect of further large dilution or existing shareholders as they require funds to ramp up? I'd like to see a few more details on how they intend on progressing from 10,000 to 30,000 tonnes, but the margins should be good once they get there.
A decent jorc will help - after all there's no telling how much ore is there. I'd say a decent offtake would quickly follow the jorc and then they're away, but before that the fatcats will want their fill of cheapies...
DJ
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