The DFS relies on the mill, and once the mill is officially...

The DFS relies on the mill, and once the mill is officially ours, a more accurate representation of the circumstances can be shown.

The tin project is not part of the above valuation. The CAPEX for the tin project will most likely be paid for through cash flow, which is yet to be seen. It stands alone with an after-tax NPV of $110 million.

Like I have said, a re-rate is coming and you can buy in now or wait until all announced and buy in at a very much higher price. Obviously, the choice is entirely yours.