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Looks like the UK is keen on Australian sop projects at the...

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    Looks like the UK is keen on Australian sop projects at the moment participating in several recent cap raises.

    I'd like to see the company do the following things;

    1. Complete the PFS (which could still be classified as a FS come the third qtr)
    2. Flow test the basal sand aquifer and drill more holes into it to come up with a reserve for this part of the resource (complete with photos please)
    3. Update the presentation to a professional and meaningful standard with proposed strategy moving forward
    4. Put in a decent RnD claim for circa $2m like last year (potentially more given the spend this year)
    5. Head to the UK and do a road show to institutions with the aim of raising project finance / equity to the tune of $150m with attractive terms
    6. Present to the banks in Australia and the UK with the intention of acquiring the additional debt funding required to commence the first stages of a 400ktpa operation.
    7. Appoint an up and coming MD 100% committed to the project and looking to make a name for him / her self.
    Last edited by Panda7: 25/05/17
 
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