I don't think it will be extended. Extension will stifle investment because the PFS and resource extension would relate even more heavily to land they don't own.
PFS, drill results and discussions around resource extensions in the coming Months will de-risk the project and allow for investment.
That will then drive price and hopefully allow for the outstanding options to be exercised. Early exercise would be even better.
Morris will have been working on funding options for a long while now.
Ann: 136m@ 2.0g/t & Further High Grade Drill Results at Toweranna, page-48
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