lol I'm still in for the long haul and know exactly the difference between a resource and a reserve.
It isn't economical for any company to convert all their resources into reserves and would cost many many millions of dollars in this particular case.
I for one would rather them actually focus on production from the central mine which has been the real point of interest on this property for many years. Back when they were concentrating on trial mining in imperial... That was mostly just to make enough revenue to fund Central.
With this funding, they should have no reasonable excuse not to have central up and running smoothly. I also don't think they will ever reach 300k ounces annually. But don't care, even a small fraction of that puts them many many times above their current market cap.
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