Well alanos either you're right or you're wrong, but it's clear that Adams is having great difficulty getting the banks to sign. Maybe they will, maybe they won't but until then the sp won't move significantly.
You could be right. Looks as though another missed deadline, would love to know who is holding this up now at this advanced stage. It was always the risk a syndicate member pulls the plug.
Ignorant? I've been involved with mining for years that's how I know they don't re-rate on a DFS. Let's be clear I believe this will come good just needs more time.
That's rather optomistic ChartaRex and yes I've read it and take it with a pich of salt. Cobbling together funding for development takes a little longer than a year.
Yes absolutely it will provide an improved NPV but it doesn't de-risk the project only development financing does that in whichever form it takes. It will get there but it's still years to development phase here.