My thoughts exactly. I think a lot of people here expect a sp of 10c when rca is signed and construction has started. I was one of them 2 years ago. But it was still the mpa then.
realistically maybe 5c when construction is finished. Too many shares on issue and there is still a bit of risk here. History of delays. Still 2-3 years away before we get a true understanding of numbers
real money is probably 6 years away at best. I see us hovering from 1-5c (i know big range I'm guessing ) until we are close to being proven
once we get commitments to industrialisation sky is limit. Thats if matmor coldry hydrmor live up to management hype.
who knows what can go wrong from here
NMDC Board Meeting, page-95
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