I see 6.8c as achievable based on the alluvial project alone.
With finance for the full AD project? Loads more.
Current price levels are worthy of a "basket case". Once alluvial revenue starts, we move out of that category in my opinion.
A recent example of such a move in a tantalum miner is NVTA since early August (1.2p) now 6.7p. The news that's moved NVTA has been a similar de-risking that we need to see in GIP. Revenue will do that for us.
First alluvial shipment was on 28 June. Does anyone know what typical payment terms are for refining / smelting?
Thanks for your comments on the 1.5c survey. I hope that I don't have to repeat it (at least not at that price again).
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