Sweet, some nice juicy nuggets again.
$45m in cash right now. Once in a lifetime "fluke". Almost the same flowsheet we would be designing anyway. On the face of it, it looks like a no brainer.
Fully funded until the end of the year. This year have completed 20k metres of drilling. Very keen to get that grade to 1.2% or above. Bit disappointed in the last one with the simplistic modelling. Cut off grade .6% which is relatively high. We have a few parametres to play with.
Parallels with what Champion Iron did. Pretty good comparison Chris said. Billion dollar asset just sitting there.
Ann: Exclusive option to Acquire Renard Project, page-493
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