grinding 9.8 again , page-13

yep. the 30k pa copper target will be here shortly imo. we are already at 21k pa on the current JORC. I am sure some of the previous holes were not included, but will be in the next update. The VALE money will allow for the mining of DSO and enough cash flow to keep the rigs singing for years to come. The deeper holes are proving we have solid depth extensions and grade. As we know, the management are conservative, so our 50k number is well within our graspe imo.
The company has clearly decided to spend on drilling, but it could easily turn some cash towards mining the high grade. That is basically an earth moving exercise.They also have the license. They must feel comfortable about how the money is being spent and have the flexibility to move if required. Nothing is off the table for a growing company, but right now, we seem to be oncourse for our copper target. I also think that AVB could play the 'offtake' card well before more funds are needed. This DSO has to go some where. The mines and money presentation might be just the ticket to make introductions form the Chinese point of view. Companies like this are getting critical tonnage mass, so a lot of players will be looking to get involved at the right time imo. dyor.