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A lot of potential, but also a lot of risk as you said. Everything more or less depends on the provision of a loan to be able to realize the project at all.
However, since the state has declared niobium and scandium to be "Project Vault", as critical and security-relevant minerals, I could imagine that Donald would be willing to subsidize even more. After all, the USA is 100% dependent on imports of these two raw materials ✌🏼

EDiT: I could imagine €7.70 on a 12-month horizon.
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@Anderle New shares are also being placed again. I think that's why the share price slipped
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@Tenbagger2024 They need both equity and debt capital to finance the start of construction of the main shaft. A further risk in terms of dilution therefore remains high.
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