IMO, there are three key SP catalysts in the DFS:
1. Any news re: TEO approval/ a date for mineral resource committee to meet.
2. CAPEX confirmed c.24m (or not much inflated). Any mention of debt or project financing discussion would also very positive.
3. NPV increase. The NPV from DFS (especially if based on Au at c. $1500/oz) will underline the value in MSR and make the project more appealing to potential financiers.
and 4. (within the bounds of licensing timelines info) any confirmation/further detail around timing to production once the license button pressed.
Lets hope the report comes out this week. If it ticks these boxes it will be the start of a sharp rerating of the SP.
IMO, there are three key SP catalysts in the DFS:1. Any news re:...
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