POS Offtake Agreements, page-13

the question will be mate at what price is that elastic band going to stretch to, to make the risk V reward worthwhile?! It always looks good on paper with these guys until the reality of actually doing something comes to the fore then it’s back to making it look good on paper again to finance the next years research!…
they had ALOT of money and time ( all on PHs watch) to be drilling the shizen out of Abi Rose et al and dewatering the BS pit for a bit of bottom searching but here we are again with no money and some glossy pamphlets selling the dream again. Still not sure how much money they are after this time round so spose we will have to wait and see where the cards drop. Definitely looks good for a trade over the next few months as whoever is underwriting this will want their pound of flesh so a pump would have to be somewhere on the horizon though actually mining something is a very different Proposition imo
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