Hi All
IMO this is a no brainer. Can anyone tell me what other company will be starting production in a couple of weeks and still has a share price under 4 cents.
The Net Present Value of the first project is estimated at $94 million. They are now looking at having 3 site so you do the math.
200 000 tonnes offtake agreement signed secured by way of totally unconditional letter of credit. This means that they can use these letters of credit for their working capital.
IMO this should be at 10 cents come January.
Good luck all holders.
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