Well said PW ... I have halved my position here and will not take up the rights since I was going to make my decision re the rights based on the scoping study. They are not being transparent.
They have had long enough to put a scoping study out and my concern is the there is insufficient indicated resources. As you say the geology is complex, they only have 59,000 ind resource in the open pit. Using a rough rule of thumb say we convert 60% of this to a probable reserve, well it may not be enough to justify development, a lot depends on the strip ratio
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