Hi guys a little extra insight after calling today
Cabot’s entered into offtake after doing a site visit to confirm quality of deposit . pioneer don’t need to process , simply dig it up and shop out as DSO. Other minerals in overburden also valuable and company speaking to buyers for this as well .
Financials will be released after JORC compliant reserve released and people will have a very good idea of the quantifiable value
In summary Cabot desperate for supply thus why offtake already signed after their own due diligence
PIO Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held