why am i confused on the exploration drive.
the exploration drive was created two years prior to reaching the target of the ore body because ALK did not have the permit to mine the Roswell orebody, therefor they could not create a mining access drive.
It's sole goal was to be turned into an underground drive to access the ore body of Roswell when all permits were granted.
To me, that sounds like a little bit of forward planning.
And now they are there with permits in hand, they can mine underground and continue operations as normal while they reconsider whether they postpone the highway diversion and pay for it out of cash production, or whether they go ahead and draw down debt to move the highway to access the open pits.
But thank you for clearing up my confusion.
Still waiting for your reply on how you would create more value for shareholders than current management, apart from drill more holes and takeover another project
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