'too confident' = 'very confident' ?
It likely makes sense to go for a mining lease, getting the ball rolling.
We only have say 7 years of reserves at A. And near-surface ore at B has good odds of being better than de-watering and re-opening an old pit that has been stripped of its better ore.
As long as the government approves, then we can expand the fence by a little.
Was 'acquired land' mentioned somewhere?
It's hard for me to estimate what sort of resources we could have at those areas, but B is likely realistic to develop - the question for me being - a small pit or a large pit, and the grade - more or less than 0.6g/t. (Since 0.6g/t is my baseline for 'fine' ongoing grade)
Ann: 2024 Diggers and Dealers Presentation, page-51
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