To your first post ...... My estimate is $150m per year for a...

To your first post ...... My estimate is $150m per year for a minimum of 10 years. With capital raises along the way we will end up with around 1b shares, so a share price based on Alpha only of $1.50.

To this post ..... I believe this is a good project based on the original figures that were provided to the market. That is why I am here. In my view, the share price presently reflects what Pioneer Resources is doing with their shares and the distinct lack of news flow and progress. Remember that originally there was to be no PFS - just straight to a DFS. Then it was the PFS in Q1 this year. Now it is Q3 this year. Unless we hear that Test 4 is complete, there is progress on the pilot plant and funding is sorted beyond the PFS, there will be no PFS before September this year. It tests your confidence.

Having posters say they have spoken to management and they now feel better about the project does not instill confidence. We need the market and us shareholders to see progress.