Yes, typical under promise over delivery. They’ve certainly left plenty of room to crank up recoveries for the PFS and DFS. Even GXY with mica in the ore are now doing better than 60% recovery. Any increase in recovery rates will give the NPV and IRR a massive boost. Management have left plenty up their sleeves for future positive news flow IMHO.
KDR Price at posting:
93.5¢ Sentiment: Hold Disclosure: Held
