Ann: Wits Basin Scoping Study, page-450

As I have said, same as with all other companies, endeavours, job whatever, it can be zero but but but...

When one says we will not achieve deliverables for definite, we'll that is absurd to say the least. As why would one say that if you are invested in a growth stock.

As per OkieDokie have pointed out as well as I have before, in terms of funding, we could have gone into a streaming deal few months ago at 1750 or lower if we just wanted. Easy, but would that be fair for all SH?

Pretty sure management would have been blasted already for accepting a deal like that especially if Gold holds current level.

We would have been stuck for years at that streaming price ceiling.

Anywho, let's see first what the gold pour next month brings us, as well as what the project 200 study brings as it will be released by May as well.

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I believe in my own opinion thst the project 200 has been asked by the finance team and whom ever they've had those discussions with to be put on the table as they want to see how big this project could be.

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I am leaning towards that the debt would be packaged with a buy in from those institutions so they want a future growth study to be done in terms of production.

Maybe just maybe, they're thinking of opening another shaft or 2. And how much capex needed to bring that online.

Remember JVH, mentioned if setting up our own plant would be looked into on that project 200 study.

So I'm guessing, down the track, new shafts/adits would be rehabilitated to increase production to 200k oz/annum and a our own plant now would be more in tune.