Ann: Exercise of Listed Options, page-21

You might consider buying stranded cheap assets you can pick up for cash. They don’t need to buy anything with 2.3m ounces and open deposits everywhere. They can do toll treats at both mills if they wanted to stretch the capacity. You can be sure people would want to treat ore with at these mills at the
moment. Several players missed out in buying Lakewood.
These guys are still in the early stages of cranking. Second half of the year should see this 2-3x from here and keep going into early next year. it’s cheap. Market will work this out as each qrt hits. Dyor