Well tomboy
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With due respect for your motivation, excellent posts and support, one thing sure, at current level of Resource Estimate, FID highly unlikely to proceed or will be further delayed till more high grade resource are found.
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As PH said, Grades are King, sadly we don't have big kingdom. We are dealing with tiny kingdom (GS)
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" POS does not have enough high grade resource to support the FID to make project profitable " That is hard fact and sooner of later market will swallow it and digest it and adjust POS price accordingly.
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6500 Ton GS, we have already spent fortune on it including drill drive. Probably another $15 to $20 million more needed before we can even think of moving ores out from Golden Swan.
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Project profitability is in serious danger now. That is hard fact.
Ann: Golden Swan Maiden Resource, page-31
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