yes i was expecting a much lower cost mine. Silver credits not great. Why is the PFS only mining half the resource? Surely if you are going to invest $200m in CAPEX your going to get all the resource out. Half the resource must be really low grade as you have stated Nectar .2 g/t is profitable??? Confusing! that number needs to be upgraded to .5 at least.
I will hold as I consider this a worse case scenario. After reading the article about the landowner issues in the past i think the finalising of the land owner agreement is the biggest obstacle the project faces. if there are problems with this we are in big strife. Should we be concerned with the wording "with general local community support". What does general mean??
IDC Price at posting:
12.8¢ Sentiment: Hold Disclosure: Held