All comes down to true offtake agreements not MOU's. I am a happy holder knowing quality is as good as it gets, size is good and massively expandable and its not in some Mickey Mouse jurisdiction. Capex and Opex can be materially reduced and basket price improved so margin at 50% will be considerably better.
Investment banks love to push their own corporate plays.
No current requirement for cap raising so chilax and buy more at this giveaway price.
Ann: Pre-Feasibility Study confirms viability of McIntosh Project, page-40
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