"Deep" costs money - to drill & extract. If you look at 18km...

"Deep" costs money - to drill & extract. If you look at 18km down the road, exploration in the same belt is budgeted for about 36 million over the next 5 years (???). They have been working that mine for 100 years & has the same metallurgy as this project. They have also refined better extraction processes inc a tin fumer to provide better returns. There are many good drill hits that are happening in the corridor & looks as though it will keep going for many more years. 50% of the company capitalisation is over $200 million & they will likely have substantial money for further investment , exploration & other choices. Our key is to get this project into production & then let profits be used to increase production - expansion. We have the reserves to start but need a source to provide the capital. I personally believe there is a lot of scope for exploration - longevity. The other key is where you believe the tin price will be in the near to midterm ?? The gold assets in the NE are another beast - will take time but I suspect it's elephant country (no modern exploration over the years). Still plenty of risk at this end of the market & possibilities for multiple returns. Important you do your own research !
Just my opinion !