predicted share price, page-183

That sounds like the 2016 feasibility?
Things have changed a lot since then. Capex has been reduced significantly to a number not yet known but the hopes are $500-$600mill. New feasibility due later this week or next.

Payback of Capex is more inline with a few years given the high IRR. No longer 4-5. Concentrate offtake helps.
Have a look at this thread. Its pretty impressive when you crunch the numbers.

https://hotcopper.com.au/threads/ann-kvanefjeld-optimised-feasibility-update.4763371/

Shenghe have an MOU for 60% ownership if ML is granted. Plus full offtake. They have also made inroads in China for concentrate clearance and formed a partnership with the leading state run chinese nuclear group to separate the REEs and uranium. They seem to be getting quite ahead of themselves and making investments to ensure it.
Given this and Shenghe have obligated themselves in the MOU to find finance from within China. Its a valuable option. Besides that Denmark funds have been looking at it. The high IRR and low pay back time is a huge assurance for any financier. But as you know. Generally no one really knows for sure where finance is coming from until after the mining licence has been approved.