What I think is most important PS is the high conversion to measured status of the Delta deposit.
With a strong deposit of ~90Mt ina measured category, this should bode very well for finance discussions for construction finance. Providing this level of confidence in the deposit supporting the long mine life gives any lender or partner the confidence that the deposit volume and grade is amenable to debt finance.
This should enable more positive discussions to take place rather than equity dilution. Great news for SH.
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- Ann: Delta Deposit DSO Mineral Resource Update
Ann: Delta Deposit DSO Mineral Resource Update, page-3
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