Core problem (pun?) is its run and overly influenced by MBA / Geo / Lawyer / Accountant big end of town dreamers and other hanger on BSA's who clearly don't get or don't want to get early stage what's really going to become or not become an economic mining operation.
They can fiddle at the margins and at depth forever, the basic economics of this beast are supported or more accurately killed by U$ metal price assumptions.
They should swallow ego and completely rethink this deposit and realistically / properly test smaller scale highest grade underground project start up scenario's.
This should have already been done in parallel with the mega pit concept, but no...
If that doesn't work then hang around for a big and permanent step change in metal prices - if you're patient and healthy enough.
Having said that, today's presentation shows the lads n lassies have already shifted and widened the corporate strategy focus...the CHN choof choof rolls on - never to arrive?
In Feb 23 it was all about 'our commercial DNA', and 'our laser focus on shareholder returns' -- MC A$ 2.4 Billion. Cue the fanfare trumpets.
Now 30 Nov 2023 ? - it's all about 'WA's new Ni - Cu - PGE Frontier'!
Frontierspersons!!
'Find green metals' and 'create a green metal Province' etc -- MC A$ 600 Million. Cue um er the Lumberjacks?
What does this stuff actually mean??
Ongoing BBB. Get a grip someone.
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