Ann: BSOPP Feasibility Study Complete - New 120ktpa Base Case, page-101

One can hope. This is one of the worst decisions I have seen a management team make to date imo.

And no, I did not see this coming before first production.

I did expect and encourage expansion post first production. Makes little sense to time it NOW.

I doubt this will go to 13-15 cents again tho. I believe it's reasonable for it to sit at 18-20 cents here. If it goes below it'd simply demonstrate how incredibly stupid this move is. Doubt even the instos would want this. Anyway, I'll hold but sincerely disappointed.

As before, I think there's good value here. Even with AISC that basically stole the entire margin of a better SOP price. I do still suspect that this cap raise for expansion is being used to hide small cash shortfalls coming into ramp up. The timing of it might tell I guess. GLTAH