29 Metals General Discussion, page-371

But if this company runs as a single mine operation for the long term, it would make its market valuation to become around $100-million-dollar company. The cost of production will increase slightly depending on how much labour and operational cost increases. Overheads that were spread over 2 mines would be assigned to one single mine, which increases all-in cost. They have corporate offices to maintain. without a capital raising, the company goes under, but with a capital raising , the company can survive a bit longer, however the market valuation could be just around $100 million plus new cash, of course, dependant on how much debt has grown into. I guess, the management will partially use cash to pay debt, and partially to support operation and recovery. So it is a very long way back up. From an investor's perspective, the opportunity cost would be high while waiting for this long way up, so many will pull out to grow the money seed elsewhere, if the price were not dirt cheap.