Banter and general comments, page-26394

Exactly.
Whilst others like LTR have decide to fully define their resource before building a gigantic mine, CXO have gone another strategy.

This strategy that is a lot more elegant in my opinion, but then I’m biased.

Start building the mine whilst simultaneously drilling further to define further resources.
When you need to build the other mines, use the revenue from the existing mine, completely negating the need for further CR or going into debt.

It requires our timing to be right to prevent any possible shortfalls. I dare say with money flowing in for the foreseeable future, they have managed to pull it off, and thread the needle successfully so to speak.