Jantimot,
Perhaps you should read page 3 of the 'Major Project Upgrade' dated 10/9/13.
Why not build a wall of confidence and fiduciary safety around your future options when the company and ownership of the resource are vulnerable?
"Nor should they need to expand for the first 3 or 4 years while they treat the rich ore."
I don't think 'doing nothing' is a good idea, perhaps preparing for the lower grades is prudent by building larger processing facilities. This takes capital and time. Having another $85m come into the coffers at the right time is good planning. Pity you don't see it that way.
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