Exactly.
…and this scientific assessment of production potential will form the basis of updated feasibility assessment, utilising revised costs, pricing, production rate and LOM.
How good is the combination of natural and applied science!
Next step is financial modelling to examine key metrics like NPV etc, leading to revised valuation targets.
Afaict we are in no way reliant on previous record pricing to justify valuation far exceeding previous highs.
Stay tuned.
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