DFS work is already FULLY funded and has been since the CR last...

DFS work is already FULLY funded and has been since the CR last May.

Unless they have changed their minds in the last few days which I highly doubt we have been & are still starting at 3mtpa which was only just reiterated by both Mark & Peter. This is also stated very clearly in the last 2 company announcements, one of which was our expansion pathway.

We do not need to catch HIO they are doing their thing (which was tried by our previous management team under Royal & failed) and we ours.

The only way I could see is going bigger earlier is if we had a customer wanting more product from the outset who was willing to stump up the costs.

They also have a timeline which was just announced to start expansion from our 2nd or 3rd year of production through to 2030 or further depending on if we go for a single stage or triple stage expansion, all of which including the DFS to be paid for from our profits or borrowed against once our initial CAPEX Is paid off.