I am happy with this ... taking the resource definition, feasibility allocation, mine access dimensions decline, and early works ... this is overwhelmingly a restart in everything but name.
I agree with avoiding actually saying they are starting mine development ... good to stay on the explorer side of the Lassonde curve as long as possible and as little time as possible in the dip. The Lassonde curve is 100% sentiment, 0% value, so whatever they can do to tweak perceptions and avoid the dip the better. Well played, imho ...
Also happy with the timing ... I was a bit worried about watching long lead time preparations dragging on leaving us with a high POG but nothing to sell. It is not our gold until it is recovered ... ATM it belongs to the state.
SPR Price at posting:
65.5¢ Sentiment: Hold Disclosure: Held
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