That comment was more around how much an acquisition costs and whether we do it via cash. I have mentioned before that all in costs per ounce to drill have been 27c/oz. If our MC is less than 27c/oz and/or you can buy ounces for less than this price then it is NOT accretive to be drilling. I realise this is hard logic to follow for an explorer but I think management are handling this in the correct manner.
Ann: June 2023 Quarterly Activities & Cashflow Reports, page-33
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