Yes but they did have a decent announcement yesterday:Positive...

Yes but they did have a decent announcement yesterday:

Positive scoping study showing potential near surface Net Cashflow
between AUS$95M and AUS$64M, EBITDA (refer ASX release 24 March
2021);

Seems like they got a good deal.

The total estimated net revenue for the project is estimated as $330M using a gold prices of AUS$2,300/oz.
Total costs for the project were estimated as $250.4M with total operating unit costs of $104/t processed,
and $1,688/oz produced. The estimated free cash produced is between $95M and $64M with the maximum
negative cashflow of $13.5M occurring in month 5 with the mining lasting 31 months in total. The mining
material included in this study includes 63% in Measured or Indicated JORC category.