"Is there any upside we are missing here"
Well there is a minor one - the LOM of 28 years is inordinately conservative. There has only been limited drilling away from GW, and other known deposits ie Whaler, Hammerhead, Mantra, Mt Hope, Camel Lake and the Joint Venture land will likely offer deposits that collectively will last 100+ years.
But as I've said before it will take many years to get this beast up to speed. A long stock for very very very patient holders.
Ann: Great White Kaolin Project - Definitive Feasibility Study, page-289
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