Not picking sides but I don't recall pabs saying 10x after Niska. I do recall him repeatedly saying SP will be $10 by next June or a tad earlier.
Having said that I think each time he thought the reserves would be firmed up by between now and then. He believes a lot has not been disclosed and I think he is right. As another poster pointed out they couldn't give an estimate to the ASX as estimates must follow a certain protocol which has not been reached yet.
I'll repeat the "yet"
LKAB and Mitsui to use an anology are not interested in 30 foot motor boats. They deal in 50,000 tonne cruise ships.
I always ask why are they there ?
if one of them walks away we are all screwed
Talga Competitor??, page-57
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