Plently of small points in the Presso. It hadn't registered on me that the 22 years of ore was a reserve (not resource). Wow that is very advanced for this point in the development cycle. and the market wants to ignore that ?
You know we get numbers in a PFS that says 22 yrs of ore. First five years higher grade later lower. What about the flexibility that gives us? With more targeted drilling one could exclude some of the lower grade material and/or replace it with better grade material found within that 22 or 26 years. Some of the stuff we already know exists. (We've already tossed the violarite).
Management haven't gone on about it but there has to be improvements in scheduling etc. possible. Theoretically PFS is only accurate to +/- 25%. next job is to make sure it's more the plus than the minus.
CZI Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held