As Craig states..."an exceptionally strong project...". Figures and evidence speak for themselves.
Plenty of cash on hand, little projected cash outflow over the next quarter and plenty of profit down the line.
Funding the capital needed for this project will be a piece of cake...debt and/or equity holders will be falling over themselves to be involved! I can't see them having any problem securing offtakes. DTM should be a no brainer.
With an NPV of USD$542m and an IRR of 32% - why would anyone want to sell their holding for at least the next 4 years for under say, AUD$1.75 - $2.00?
CXX Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held