A lot here are whinging like no tomorrow when really things are pretty good. 12,000 tpa @ US $10,000 a ton margin is $105,000,000 AUD ebitda a year with stage 2 fully funded. This is more than the DFS came up with no ? The growth projects if factored into the share price make the current valuation ridiculous imo so a no brainer hold here. People should be taking advantage of the price weakness.
Another bonus is only 25% of the product is being sold to the Chinese...