Ann: Shallow, High-Grades at Star of Mangaroon & Popeye, page-63

Just a guess but I assume they want to cross all the t's and dot the i's.
They say that it is a conceptual model.... looks to me like it's a go but doing the extra drilling for MRE.
Still more DD's with visuals etc from last ann.
In saying that... they should have a pretty fair idea of haulage, mining/digging,processing costs/Paulsons etc.

Final pit optimisation.... confirmation of economical open pit.... grade etc.
Popeye would now have to come into consideration... being on the same lease but not conditional imo.

Lastly... but a good 'problem' to have is the rising gold price... it's 'fine' for someone like me to project a gold price that keeps rising.... another for Dean to put in an economic model.
Every $100 gold goes up puts another ~ $5M in the kitty on a 50,000 oz resource. ... drill baby drill.

I think we need a little more.... dare I say.... patience... the main ingredients are there.

For those who can see it out this will work out very good for DRE imo... self funding will become the new model for explorers.