30-40% of NPV puts MC at circa 300-400m which post SP at...

30-40% of NPV puts MC at circa 300-400m which post SP at $1.20-$1.60

Wouldn’t that be nice. I would be happy with a third of that!

SP does seem to be very low considering there have been no issues of the initial EIA 45 day period, the fact that we have over a 20 year mine life confirmed (albeit 7 years from old tenaents), however the payback period is less than half this time.

I have options but there will need to be some big movements (binding off take, intent to fund and good plans for WA) to see these options in the money.

Here is hoping.