Agree. If they are able to get the zinc happening then yes, it will do very well. I would have been more than willing to accept such a risk a year or so ago. However in the current market, raising $1B required to develop will be a hard ask. You only have to look at TNG that have multiple off-takes, a very positive DFS and other pieces of the puzzle falling together. Regardless of this they are still in discussions for financing which would suggest that those opening the purse strings are playing hard ball and are most probably asking for a lot of the company in return.
MCT Price at posting:
7.6¢ Sentiment: None Disclosure: Not Held
