I question your tier 1 rating of the AUL tenements.
Tier 1 deposits are “Company making” mines. They are large, long life and low cost.
The mines in the region, under current company structures and OH&S regimes means the likelihood of finding a tier1 deposit is remote.
Historically none of the mines were a prolific producers on a yearly basis. I mean how many years has Morning star been mined for how any ounces produced. How was the 25g/t produced?
You draw a long bow imo.
Ann: WRM: White Rock/AuStar Merger-Results of First Court Hearing, page-7
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