RE: 1 hour....14 Oct 2025 16:53
2p+ minimum dvh, minimum. I'm expecting 2.5p - 3p on news and then a significant re-rate to 4p - 5p, maybe more, soon after that.
Once confirmed, it will no longer be a case of ifs, buts and maybe's, and a string of broken timelines, they will have access to US$240 million debt facility and US$100 million equity-risk capital assembled at subsidiary level.
Much work has already taken place and more is ongoing, and once the deal is done they begin constructing the mine this month, that (as far as we know) hasn't slipped.