Ho hum, the market didn't react one way or the other. The market wants to know where the company will get the funds to accomplish all these wonderful things. If the funds come from dilution then the SP will not move up. SP will not move up until company can prove it can swing a loan. Doesn't make sense for De Grey to build a plant on it's own when Novo and Pacton have so much potential within 50 kilometers of the proposed plant site. Might be the reason for the increase to 2 million tons per annum. Might be getting close to KL buyout or JV with Pacton or Novo.
Ann: Recoveries & Resources Potential support 2Mtpa Study Scale, page-14
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$1.40 |
Change
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