Ann: Brownfield discovery at Ruby & Eastern Extension, page-29

RandAlThor

You mean more risk than we've had.

a company that didn't have the head lease on the deposit.

A company that has run on the smell of an oily rag and has incrementally adding to the project due to not having enough cash or cashflow to develop the project fully.

That had to rely on a joint venture partner/offtaker to help keep the company alive and bring in their management team with the CEO locked out of the country due to COVID.

That had old gear and was re-processing the old waste dumps hoping to get them to the next stage.

The risk has change as both mines are in production.