resource upgrade, page-9

maiden Karinga Creek jorc should be out this qtr sometime

re 40c, I mentioned before I thought 40c would be difficult to beat without a catalysts (off-take). 40c is 12month rolling vwap and puts value near 45% barrow ck basic spot dcf, without initial studies confirmed/started. plus each aud tick higher hurts

long term sure, but it's hard to argue a much higher price in the short term based on valuation and a peer group

I was hoping for a 50c spike on news (KC jorc or offtake)