Sorry Rogues ... its a matter of TIME only now u would think. How long for BFS to complete ? 6 - 9 months?
Then rerate will be at size of project funding capex which on proforma F/D basis is 15 - 20 as u say.
Tho likely to step up ahead of it as progressive results come in to show how ROBUST thi project is.
Then we look for the project NPVs indicated based what the encumbent POG is at thereafter on production start ... 18 months ? Smack bang into my GOLDEN TIME target y2011.
Just gotta keep remembering the scoping study numbers were very conservative cf to likely evolution here.
No brainer wealth creation golden chariot for mine from here and extreme proxy to POG cos of very low est cashcosts. My core is held as proxy to POG looking for POG's likley optimum time/price target y2011 IMO. Love to max out with these plays Rogues when I can see the macro stars aligning. Looks perfect timing here. Patience is a virtue when u see a rare opportunity as this.
The "other" stuff will be the boosters in due course and feeling more comfortable now the way this is evolving.
Had to buy few more today cos still under my 6c core accumulation line ....... then gotta kick in with the traders thru 6+ cos Ima Jesse L disciple u know.
LOVE the way it has been done to minimise new available liquidity. Love the way any attempted caps are just being taken out cos thats the only way to get size from here on methinks.
Should begin to accelerate once thru 6+
Apologies for my conservatism Rogues ... dontcha just LUV IT haha !!!
IMBOOC
PS Wonder when our German friends will get a whiff of this and start looking for 7 figure lines? That could be a bit embarrassing at this stage tho hey ?
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Sorry Rogues ... its a matter of TIME only now u would think....
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