I'd be 90% sure the last 2 hurdles have been completed, when you add up all the facts, from support, to benefits to the procedure of granting a license it would be very difficult to turn around the license process at this stage, worst case its not approved, it will be in next time it applies. In proportion of the granting procedure this TOL the last though not the hardest and past a decisive point.
My 2 cents, capital raising to finance the Duncan processing deposit in WA, will announce (via a TH on Friday, maybe Monday) the TOL and CR at 80c, to finance the Duncan Plant in WA. Next week will be a mover.
Therefor shorts are cranking today, longs are getting a bit keen, not buying on the down, letting it settle, buyers will hit next week. Next Friday 1.08
LYC Price at posting:
83.5¢ Sentiment: Hold Disclosure: Held
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