Yeah once there is more derisking for the instos (significant...

Yeah once there is more derisking for the instos (significant outcomes in phase 3) or contracts established overseas should see this at a market cap of 500m(minimum).

Also nothing goes up in a straight line. But look at how it has performed - says it all. Consolidation will happen regardless before there is more derisking.

As you mentioned its the phase 3 outcomes that will shed some light on where this is headed.

But the reality is that does all depend on how significant the outcomes are.
From stage 2 outcomes its looking very good.