$1 party, page-447

Hello @pierre23,

Indeed they do need to convert the inferred over to M&I which was what was meant by "shoring up". Ron has mentioned that this is well advanced and will be more than likely updated with an updated MRE.
Keep in mind that SXG will more than likely also have part M&I and part inferred.
Indeed I am familiar with the Lassonde curve, which more often than not proves true & I agree you cannot compare pricing when we are looking at stocks that are in completely different stages of its lifecycle. However I think we are examining the company looking at different stages and thinking we are all talking about the same stage. I don't concern myself with short term price movements as I am more concerned with value & in a longer game rather than trading. Thus my concerns are more can they achieve what they have set out to do so. I prefer this so I can buy and then get on with running my business and enjoying my days and then buy more if possible.

I do agree with your perspective though, however, I think you may want to articulate and clarify your point a bit clearer. You make a good point for those more concerned on price movement - unless you enjoy the drama for arguments as opposed to discussion. appreciate the clarity on what you are communicating and great input.

Just to put more opinion here I definitely think we will see something closer to 20 year mine life as exploration continues and the resource grows. There's been a lot of hints to this being the direction of the resource from Ron in many of his interviews.

Good chat!
Happy Days