not to intercept the query but i wouldnt worry about mine timing...

not to intercept the query but i wouldnt worry about mine timing at this stage

if a project has scale and high margins appear probable the market will price the stock up long before it gets to first payload. usually the peak price a stock reaches during the 'discovery phase' isnt exceeded again until after several years in operation - and sometimes never.

lassonde curve is worth lookign up if you are unfamiliar. the market is a forward pricing mechanism

the tier 1 projects - the best in breed - - get up faster bc capital generally is available to push and confidence is there to push mine development even when spot prices soften etc that knock beta projects off course

but even in the best of circumstances 2 years from DFS is the barest bare minimum I would use as a rule of thumb.

but like i say - thats all in the distance.

and to put it in perspective - mining project irr's over 50% are rare. over 70% once in blue moon.

proving out the things that underpin those assumptions - adding resource scale, confirming mineralisation quality etc - thats the game for now

this has the potential to be extremely fun