LOT 1.35% 36.5¢ lotus resources limited

Lot target price, page-10

  1. 375 Posts.
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    Loosely;

    DFS > Offtake agreements* > debt/raise > Re-start mine (in 2024, if everything goes to plan.)

    * To justify the restart they only need offtake agreements to cover the cost of the mine.
    * The restart can be speeded up a little bit by ordering long lead time items sooner than planned.

    See this (from 12:36)

    Btw, they can't talk about desired price until the DFS - i.e. they can't talk to the sell price until they know their cost.
 
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