RE: Conservative value if licence granted?3 Dec 2021 17:43
Well first of all the concession is just the first real step in permitting. After this comes the (apparently) much more stringent environmental permit to obtain. And there is a scoping study, PFS, DFS, etc to conclude so to me we are a long way from those kind of valuations but this concession will certainly take away a large part of the risk and bring back investor confidence into the project.