Ann: Renard Project Update, page-149

They have also put out an exploration target to suggest they could have a huge resource in time. However, I don't think investors are so swayed by suggesting you might have even a 50-year mine life rather than the 20 years currently suggested for Adina. I'd say the vision for a low capex pathway to sooner production is seen as more important. In better times investors were happy to pile into CXO and they only had a tiny resource. But the fact that they were able to establish a pathway to production satisfied investor requirements.