It's probably a pretty crude and simplistic way of looking at it, but yeah, that seems to be the message.
And that's not including the immediate resource expansion that may (should) come from optimising the current model based on current commodity prices. The current JORC resource was done in 2012 when the silver price was $21/oz, now it is $31ish, so I would imagine the pit constrained resource will expand materially (although I'm a bit out of my depth technically on this). This is the next catalyst in my opinion and should happen pretty quickly because it's just a desktop exercise and doesn't require any boots on the ground work.
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