I disagree, they’ll do a DFS for Yarrabubba and the first 10 years of **anithia (suspect the TMT part of ** since it follows the same processing methodology), to get to a 25yr mine life (payback will be 3-10 years) and add to it later as PLS, BHP, RIO etc. have all done with sizeable deposits.
I think within a year and a half post merger they’ll be ready for financing/construction