"Maybe wise to hold off development a bit as the bigger it gets underground the more changes to a a mining plan ie direction of drive or shaft to the highest grade part of the ore body , for early cashflow and to form underground drill platforms to find more mineralisation will occur."
Exactly my thinking and, while speculation, I am positive they will find a lot more gold and defer the FS for the reason you stated above.
Ann: $25 million Institutional Placement, page-81
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