Agree, all of the above disappointing.
Versus 12 months ago though, we've a mining license, port allocation and a number of offtake agreements. We've also raised a third to a half of the CAPEX to construct the first stage of a mine, while progressing a DFS for a 2nd, equally impressive mine.
For a potential investor, I think it's difficult to argue the investment proposition 12 months ago was more compelling than it is now.
For a potential customer I'd argue that the case for a forward agreement now is far more compelling than it was 12 months ago.
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Agree, all of the above disappointing. Versus 12 months ago...
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