RE:Case for Mine Expansioni would say that it really mostly depends on the willingness of korea to bring it forward.
the more incentives and acceptable conditions they provide to the company the more could be achieved on an expedited basis. it's really in their hands to provide a good framework around the expansion scenario.
but let's not forget that even without the expansion, this mine will be a cash cow for countless years.
just imagine in what bad situation the company would be, if they would have signed a premature deal and unsustainable rates / conditions years ago. look at financial situation of Wres, they have a financing that is killing them. the offtakers are just paying (till now..let's see for how long) enough to keep it running in their own interest. but shareholders are slowly left with nothing...
Almonty couldn't be in a sweeter spot at the moment. In addition we are holding nicely in these difficult conditions, companies dropping 10-30% the past weeks. A bit of decline is natural, we can't completely decouple ourselves from the global negative sentiment...