I see what your saying but in my view the DFS is the pathway to those things you listed. The company mentioned previously that they wouldn’t enter into any offtake agreements until after the DFS is released. Anyone watching this company will know that once the DFS is released then effectively they are in the market for OT/ partnerships. Also no financing is generally available until a DFS is released, so once it’s out financing the project will be come a lot easier.
Without a DFS we are just another spec company, but the DFS provides certainty to the players that will want to partner/ finance MSB through to production.
LPI Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held