Perhaps someone here with more experience in the sector could assist, but the announcement says a pit optimisation study is underway. Why is a optimisation study underway for a 118k resource? Wouldn't have thought there was enough data or ounces to entertain the idea of a study, let alone one being 'underway'.
Something my opinion is misguided on? Something we don't know? Or just more PR fluff to add substance to delay excuses and 'underway' just means 'we've asked for a fee proposal from someone'...?
Any ideas guys n gals?
Ann: Mt Stirling Project - Mineral Resource Estimate Update, page-13
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